New Mortgage vs HELOC for cashing out equity

[JJ Neerman]

I have two properties in the Tulsa area of Oklahoma I bought in August; both were land and mobile home purchases. One I paid cash for, the other I put money down and the owner carried back the balance. The twist on the owner carry is that the deed does not show a mortgage lien held by the seller.

So, I want to BRRRR these. Are there options to either get a first mortgage for each (or one for both), or get a HELOC for one or both? I know having mobile homes presents more challenges for financing options.

The purpose for cashing out is obviously to payoff the owner and go find a multi family to then also BRRRR.

Thanks in advance for any support, guidance and/or suggestions.