HELOC or Cash-Out Refi?

[Miguel A. Martinez]

Hi, guys. Thank you for all your advice. I am looking to tap into my primary residence equity. It's a substantial amount. I will be using the equity to pay off all my personal debt and will have a good amount of cash left over for a down payment on an FHA loan to buy my first investment property to house-hack. Should I go with HELOC or cash-out refi? What loan companies do you recommend that can do this? Thank you!