HELOC for Debt or Refinance Cash out for Debt from Rental prop.

[Phil Davids]

So, my wife would like HELOC of 25K from a rental property to pay high interest (24%) CC debts. Is it better to refinance this house and cash out 25k to pay debt? This also gives a chance to be on deed (in GA) as we married 2 years after her buying the house. The rental property still has 24 years to go and is @ 5% rate. I want to refinance to 15 years. The CC debt is really killing us on the interest and wanted the best option here. The property estimate valuation is $240k and loan balance is $167k.