I however prefer HELOC (home equity line of credit) since you can use it continuously to buy more properties.

What about a HELOC?

I think that works, I have a HELOC for $80k that I would be able to use as a rehab budget and then just keep the down payment money on hand and liquid.

Can someone speak to me about which makes more financial sense, a cash out refinance or a HELOC. 

We plan to continue this strategy using a heloc or cash out refi.  

I'm in the midst of doing a HELOC through Citizens Bank to fund the remainder of the rehab needed for this property.

I took out a HELOC on my personal residence to fund the downpayment for conventional financing and renovation costs.

Hello  Members,Basically what I am trying to figure out is how to use cash maybe a HELOC to pay down or use to buy a Short term rental Property (VRBO/AirBnB).Situation:Current Primary Residence Value 300KMortgage Balance= $82,500.00 / 2.87% Fixed rateCash= $160KTruck Balance=$8500Credit Cards Balances= $2kI am trying to buy a property that me and the family can use for vacation purposes and to short term rental it while not in use.

(HELOC on primary residence, borrow from 401k, etc., to get the short term cash) and then once you get the financing, you pay back whatever short term vehicle you used. 

Purchase price: $59,974 Cash invested: $25,000Bought at auction sight unseen and renovated using "cash" from HELOC. 92% of initial financed out leaving $192 in monthly cashflow after PITI and management fees.What made you interested in investing in this type of deal?