1st post on BP | HELOC question

[Amrik Basi]

Hello BP:

This is my first post on BP and am looking forward to gaining some valuable insight from the community.

We recently purchased our primary residence with a HELOC and wanted feedback on how to invest surplus cash (~$1100 per month).

Should we focus on paying down the HELOC or invest in aggressive funds or real estate rentals?

Sales price: $785K

10% down/equity: $79K

1st fixed @ 4.375% = $562K = $3800 per month

HELOC variable @ 5.24% = $640 per month