Cash Our Refinance Options on Investment

[Denis Ponder]

Good afternoon,

I am weighing my options for a condo I have.

Recent appraisal (Mar 2023): $232k
Current Mortgage: $67k
HELOC: Max is $100k; will have about $65k used

I am looking to cash out refinance this condo to invest in more properties.  The condo will be rented in the next month; our contractors are finishing the remodel project right now.

Is 75% the max option I have?  Are there any lenders out there going to 80%

Thank you.