HELOC vs Cash Out vs Hard Money for better?

[Marc Henderson]

Hello BiggerPockets, I have a property that I purchased outright and repaired. I want to start my brrrr path and was wondering would be the best strategy: should I just refinance and use that money for my next purchase; should I go for a HELOC and use those funds; or should I cash out and keep those funds in the bank and use hard money for no more than my cash out? I am new to this strategy and have concerns about over leveraging. I also am worried about getting stuck after one or two properties with a dti too high to cash out again. Please help.

Thanks,