finance

[Anthony Kondor]

i Own 2 properties free and clear, and I'm looking to do pull out some equity. Either a refiance, Home Equity loan, or home equity line of credit. the numbers are 

property 1:  15,000 tax lien

as is value 65,000 

arv 70,000

Property 2 3,000 water tax lien

as is value 55,000

after repair value 95,000

what are the pros and cons of the types of financing?

and also my credit is not good but i do have a family member that i plan to use as a personal guarantor for my business, they have 640 credit score