Equity Stripping: Heloc vs Mortgage

[Ryan Cunningham]

I'm going to be purchasing my first rental properties in the next couple months with hard money loans. I would like to pull equity out soon after to pay back the loans and lower my monthly debt payments. I know that 2 of the most common methods for this are mortgages and helocs. 

My question is this: How soon are banks/lenders willing to offer these services? Are these available on any properties I own or do they typically need a "seasoning" period of a certain amount of time before I can pull equity out of a property?