What to do with cash out refi

[Austin Mize]

curious what is the best option after  ARF cash out refi, should i go and put 20% down on a couple single family homes or multi and get a loan from bank or use all the Refi money to Fund a deal? or use the  money to Fund a couple down payments? after the cash out part i get a little confused on what to do any help Will be awesome i respect this community so much!!!

also i need somewhere to live so i was thinking my best option would be to stay in this current house pull money out and that money would fund my deals.