Cashout on primary, HELOC or homestyle renovation for rental fix?

[Jeff Cliff]

Hello,

I am trying to evaluate different options to rehab a rental property. 

1) I can do cash out on primary and use the proceeds to fix the rental and rent it out

2) Take out HELOC on primary and use the proceeds to fix the rental and rent it out

3) Take a homestyle renovation loan for the rental and use the proceeds to fix it.

I am not sure which one of the above three options would be best as far as the personal tax consequences are concerned. 

Rental property is distressed and needs to be rehabbed so can't really borrow any money on it unless it is homestyle renovation/construction loan

Thank you in advance for your response.