Getting access to equity

[Matt Garboden]

Hi all! I've got three properties currently with equity (estimate of market less mortgage) of about 275k that I'd like to tap into for a down payment on a new property. I've considered getting a HELOC to draw on as needed, but have also heard people in the forum's discussing portfolio loans. Does anybody have insight on the pros and cons of each, possible references for lenders, etc? Thanks in advance.

MG