Recapturing Construction Costs

[Ahmed Saad]

Good evening,

I sunk a large amount of capital into 2 renovation projects and am looking to recoup my money. The 2 properties already have first position mortgages on them. What is preferable; a cash-out refinance OR take a HELOC and use as-needed/wanted.

I'd appreciate reasonable well-thought out insight, especially from those who have walked the path.

Thank you,

Ahmed