Cash out refinance or HELOC?

[Jason Chen]

I want to get cash between 100k - 200k from my property, and I will use the money to purchase more real estate investments, potentially out of state. I currently have options for either doing a cash-out refinance or HELOC. I know both options have pros and cons, and I am having hard time decide which approach to take. I would like to hear what others would do in a similar situation and why. Thanks in advance.