HELOC vs Cash out refinance

[Joshua Gregory]

I have a good amount of equity in my home and just got approved to take out 85% of it with a HELOC at 5.99%.

The goal is to start buying properties with this cash but I realized if I were to leverage a loan with my HELOC I would have two loans on the remodel and down payment part of each loan.

Would it just be better to do a cash out refinance for my equity instead of using a HELOC so I'm not loosing 6% on every house I buy until I can refinance out of that loan?