Cash Out Refi or Heloc

[Keyonte Summers]

Im weighing my options to see what’s the best route for investment properties. I own one property free and clear which was my original PR before renting it out. It cash flow around 350 a month have 100k in equity that is on a 70% LTV ratio. I’m currently in the processing of buying another PR and am going to sell property 3 for a nice profit. My question is on my free and clear property is it better to do a cash out refi and get a 15-30 yr mortgage or get a Heloc buy all cash . I’m attempting the BRRRR strategy but not going the private lender route. Let me know your thoughts