I have lots of equity but very little cash. What would you do?

[Drake Taylor]

I bought a primary residence (new build) in 2020 for $255k with $50k down. My residence is now worth about $470k, but I have very little cash in the bank. I figure there has to be a reliable way to use all this equity as a launchpad for my real estate investing journey. My market has been very hot for the last couple years, but is beginning to slow down. I’m looking to buy single family or small multifamily properties for long term rentals. My hope is to accumulate 10+ properties within the next 5 years so I can quit my middle-class W2 job and spend more time with my family. What are the best ways that I can leverage my equity to achieve my investing goals? 

[Robin Simon]

I think the HELOC idea is good advice - assuming your current debt is much lower rate than what you would get today with a cash-out refinance