New here: question about refinancing after using a HELOC

[Zachary Scott Duhamel]

Hey team,

I have a hypothetical situation that I was wondering if anyone had ever tried. I want to buy my first investment property using a heloc on my primary residence.

Can I do this, rent the home for a year and then refinance the home, "pay off HELOC" and then rinse and repeat?

I am just wondering if this is a reasonable approach? Any obvious problems to this? Any help would be awesome!