Heloc or refi? Or are there any other options

[Antonio Folkes]

I’m looking for some information and guidance in the right direction. I currently have 3 properties plus my primary residence (that I have a mortgage on) which equals four. The other 3 are rentals that are paid completely off. Now here’s the question how do I go about leveraging my rentals for more capital to buy more rentals? I’m really interested in the Heloc because I don’t have to instantly start paying on it until I use the money but today what I was told today by Pedfed credit union today that I would not be able to get a Heloc on any of my properties because I’ve been grouped in a category of having 4 or more properties. Which puts me as a higher risk and disqualified me to get a Heloc. I was also informed that another option I had was a cash refi but I need to know is there any other route I can go or the refi is my best option. If so why, and how should I go about continuing to expand my real estate portfolio. Thanks in advance!