I would not be living in any of the units as I already have primary residence in town.

Our primary residents also has some equity, I have a HELOC with $166,000 available funds.

You cannot use those losses to offset your primary income unless you are a real estate professional.

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?

But true my wealth primary have comes from something less glamorous: boring real estate.What's "boring"?

What’s your primary goal for the cash-out refinance?

@Nicholas A.House Hacking a primary residence is the best way to generate wealth. 

We have built a few custom homes, however new construction residential isn’t our primary source of revenue.

The ADU cannot be superior to the primary residence.

@Kris TohovitisI wouldn't recommend using your cash to pay off the mortgage on your primary residence since you can likely get a better return on that money by investing it.What's your buying criteria for the multi-family property?