My first property looking to BRRRR

[Carlos Rodrigues]

I Final purchased my first Property in New Jersey. Two Family Purchase $274,000 Rehab $25,000 ARV $340-350 " looking at comps" I purchased this property with a FHA loan, 10% down. Looking to Refinance "BRRR" strategy. Although that wasn't the initial plan, it was only to rent out. But I soon realized I got a better deal then I thought. Now my question is can I get a HELOC? Is there a seasoning period I'd have to wait? My plan is to purchase another property when taking out a HELOC, can this be done? Thank you kindly in advance.