Buying a 2nd rental with a small down payment - DMV area

[Carol Bahou]

Hello all  - my husband and I want to buy a second investment property in our area (Frederick, MD).  We have a primary mortgage (in Frederick) and one rental property in Bethesda, MD.  The rental property is rented until December 2024.  What are my options if we only have a small down payment when trying to buy a second rental property?  

We have some equity we could tap into in both homes, should we take a HELOC? Or is that too risky because rates are so high?