HELOC exit strategy on Investement property

[Chad Belcher]

I'm a new member on Bigger Pockets. I currently have a single family rental property that is paid off and worth about 70k I would like to open up a HELOC on it and use it for a down payment on a another 4 unit apartment. I would assume that once I do get the HELOC (which I have talked to the bank and I can get) I would have to draw the down payment and park it in my bank account for a couple months so it will show up on my statements. My main question is what is the exit strategy for getting out of the HELOC down payment and continuing to use it on to the next investment property. On this property I should be clearing around 1000 a month from this 4 unit apartment.