Updated almost 9 years ago on .
Refinance the primary or HELOC?
We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another rental property. What are the downsides to refinancing? The rentals we own free and clear. Our primary has 11 years left on a 20 year with an interest rate of 5.375. The primary has about 400k in equity.