How to use heloc for purchases

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The only way I can produce buying power is use a heloc. Can I use a heloc to purchase a property? Then obtain a mortgage to pay off the heloc? Then in essence repeat this process?

Hey @Brian Sullivan You can use a HELOC to buy a property in cash and then refinance into a conventional loan, then repeat, but you'd need to leave 20-25% of the HELOC in each property as a DP.

Otherwise, just use the HELOC as the down payment initially to save time and money