Heloc against primary for investment

[Eddie Quimby]

Hello BP my name is Eddie

I live in new Jersey I have a $265,000 mortgage on my primary residents with about 80,000 in equity. I am trying to purchase a rental property. 1 problem I am cash poor I have great credit and was wondering if I should take a HELOC for a down payment on a rental property in the range of 160,000 to 190,000 can anyone share some insight to my situation

Thank you in advance

Eddie