HELOC Disclosure with lender

[Medriand Arnold]

Hello BP Family, I have a question in regards to possibly setting up a HELOC. So I bought a home for 105k, and ARV is looking to be thr 150-160k range. I want to cash in on the equity with getting a HELOC, but the lender I have keeps saying those are generally used for home improvements. I want to know if I do decide to purchase another property to rent witht the HELOC, would I need to disclose this to my lender first?? Thank you, Medriand A