HELOC's vs REFI's which is better and faster to pay off?

[Kesi Ika-Kioa]

I have learned from different mentors I have in RENATUS that using lines of credit instead of loans (amortized) could be much more advantageous because of the leverage you have with lines of credit.

My question to you all is what your thoughts are on HELOC's vs Mortgages. Would it be better to pull a HELOC or Re-finance on a property? Could you get a HELOC and pay off the remainder of your mortgage then pay down the HELOC? Is that smart?

[Thomas S.]

I would choose to mortgage the property to the maximum and not pay it down, When equity builds keep pulling out the equity to reinvest. Leaving equity in a rental is undervaluing your money. It needs to be out earning it's keep.