Best way to pay down or off a Heloc

[Jordyn Ohs]

Hi everyone,

just looking for some advice on how everyone is paying down there Helocs when used for down payments on their rental properties. I currently have $107K pulled from mine and of that used to purchase two 2 properties. My draw down period is ten years of interest only payments then twenty years principal plus interest after that.  Is it best to just throw cash flow at the loan untill the principal is paid off (current cash flow between the two properties after interest and all expenses are paid plus vacancy rate = about $250 left monthly) refinance at renewal to pay it back in full?  I intend to increase my portfolio, just want to be smart about how I do it.

thanks all.