Buying a second multi-unit property

[Irving Gonzalez]

Hello, 

I am looking for advice on how I can leverage my first investment property (house hack), to help purchase a second property. I have reserves saved up for my first property. I am hoping to see how I can purchase another property without dipping into my personal funds. I just started to look at HELOC's, and don't think it'll be worth it to refinance because my low interest rate. So looking to see if any of you have had any luck in a similar situation or know of options out there that I don't know of. Any advice is helpful!

First property: 

Purchased: 2021

Interest: in the 2's

Purchase price: 375,000

Estimated value now: 430,000

If more information is missed or needed, I'll gladly share!

Thank you!

[Caleb Brown]

What do you owe? HELOC wouldn't be bad but if you are doing another house hack I would use the cash you have and not borrow for the DP. To me it's risky to leverage to get another loan. You do have an amazing rate so don't refi. Also what would you cashflow when moving out?