Texas: Cash out refi vs HELOC
I had planned a BRRRR with a 4 plex that I'm house hacking. Originally I had planned to refi using a VA loan BUT here in Texas the rules concerning Cash-out refinances prevent pulling more than 80% LTV. With that being said would you all recommend conducting the cash-out refi or get a HELOC. The goal is to free up capital for another BRRRR likely 2-4 units.
Current mortgage principal: 223k
Current value: 335k (80% = 268k)