Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate.

I have came across HELOCs and HELoans but not sure which would benefit me best?

Hello, if I have a HELOC on a primary home and I move out to convert the house into a rental property, do credit unions/bank typically have an issue with that? 

Finish (find money i.e, renegotiate with lender, find a partner, HELOC etc.)Let your gut be guided by data and then move forward decisively! 

Whereas, if you were to default on a HELOC against your primary, you immediately go into foreclosure and have a bigger concern than getting sued?

I am being told that a HELOC is different since its your primary home but no one seems to offer a LOC for investments that I have found.  

Oh and I already have a HELOC for $50k. 

Also, which option would make sense for me: a HELOC or a Home Equity Loan?

Since its fully paid Cash-out Refi would be the better route to go than a line of credit like a HELOC.

I can’t find anyone who will do a second on the rental anyway, I have found a HELOC — I was debating at least shifting the construction loan over to the rental, but at 5% that still seems like a wash.I’m open to doing another rental property, I just don’t know if I’m stuck because of how low the rental mortgage rate is, and with how much it cash flows — I may not be able to improve much on that situation.My wife and I both work full time, and I have a part time second job to make it all work.