Home Equity to purchase other rentals

[Dave Mazza]

Hello,

I have 1 condo that I am renting and will have paid off within 4-6 years.  I'm up in the air of buying another one currently, but down the road, if another deal pops up, would it be wise to use a Home Equity loan on the paid off rental for the downpayment on another or even pay in full for it if it works out that way?