Cash Out Refi or HELOC?

[Ray Martinez]

Hey everyone,

I'm looking to tap into the equity of my home in order to invest into a 2nd property.

My question to you is if I should do so as a HELOC or as a Cash Out Refi?

I'm expecting about $80-$100k would be available. My plan is to hold this primary residence long term.

I'm wanting to get a Single Family residence as the investment property, perhaps in Phoenix, AZ. ( I reside in So CA).

Appreciate the advice in advance!