Starting out and securing financing

[Kirk Johansen]

Hey everyone I've been browsing the forums and listening to the podcasts now for just over a month now and finally at that "point" where I feel I need to get my feet wet with my own investments. I inherited a SFH that is owned free and clear and have turned that into a rental however I'm wanting to start building my stack.

My question to the community here is what is everyone's feelings on getting a HELOC against that house to use as cash towards a down payment on more properties? I guess that is the whole thing about this all that has me worried is the financial side, why pull money against something that doesn't have a mortgage right now to then put a mortgage on it?