Using equity from existing primary residence?

[Daniella Lamis]

I've been reading about how to use equity from investment properties as DP for new properties but what about the equity in your current home? Due to low rates, we are refinancing our primary loan for our home and have approx $150-200K in equity in 3 years. Do we cash out some of it while refinancing right now? I haven't seen much about the +/- about using equity in your own home to fund down payments. Thoughts? We plan on keeping primary home as our primary or future rental, so long term investment. Thanks!!

[Justin Phillips]

@Daniella Lamis My wife and I got a specialized Heloc on our primary, and I loved the program so much that I left my job in Medical sales to join a company that specializes in them! 
It allows us to quickly pay down our principle balance, which saves interest cost, while retaining access to up to 80% of our equity. As soon as a good opportunity comes up, we'll simply write a check out of our line and purchase it in cash. The nice thing, each new property pays off quicker than the last with the additional cash flow. I'd definitely recommend you educating yourself on the program, and seeing if it might be a good fit for you all. There are brokers that offer it in every state.