Cash Out Refinance in Texas

[Ben H.]

I currently have a HELOC on my primary residence and was looking to do a cash out refinance on my rental. I was told by my lender that in the state of Texas a HELOC is considered a type of cash out Refinance and state law says we can only have one cash out refi's on our properties. Can anyone confirm if they have experienced the same thing or ways you have gotten around it. Thanks Ben