Refi VS Heloc for Cashout ?

[Mike S.]

Just curious which is preferred for cash out used to purchase an investment property?

I've always took 5 year arms (back when they were advantageous. in rates)as new i'd pull need/want to pull cash every 3-5 years on the refi anyway. always was turned off by Heloc and looked that more as credit cards you have to pay back immediately