HELOC, Hard Money, Conventional

[Dominique Mitchell]

Hello,

I am new to the real estate investing world and like everyone else I have a ton of questions. I have not bought a property yet, as I am trying to make sure I'm making the right decisions. So I currently own my him out right.I plan on using a HELOC to get started investing. But what step should I take? I am looking to get into multi family and some single family rentals. Should I use a hard money lender to help me with the purchase, and use my HELOC to rehab and then refinance it? Or should I use my HELOC as a 20% down payment in a normal conventional loan? Also is it possible to use my HELOC as a down payment with a bank loan and then refinance that and start over again with my HELOC? Im investing in the state of MINNESOTA, outside of the Twin Cities.