[rsmurano]

Both bad options. You also didn’t state that to get a heloc there are charges up front, appraisal for 1.
1st observation, why would anybody have to ask an advisor to do this kind of thing? 2nd, the advisor has a business plan to make as much money as possible off you while your business plan is to pay less or make as much money for me as possible. 2 conflicting plans, and the advisor will always win.

For this small amount, or for buying a house before yours sells, get a secured loan thru your broker, interest only, no impact to your investing options. I’ve done this for almost 20 years. When building a new house, I was the bank for draws and when I sold my house after we moved into the new house, I paid off the secured loan. You know how much loan fees are for building a home? You have a builders loan then you have a regular home loan after the house is completed. I was saving almost 5% in fees for being the bank instead of getting loans. You have a checkbook and you can write a check for a new house, a new Porsche, then have up to 10 years to pay off the interest only loan, or pay it off when you get home from the car dealer or closing company.