First post ever! Looking for advice

[Peter Bardou]

Hey everyone!

I absolutely love this community and all of the insight you all bring to each and every post! Here is my story

in 2012, my wife and i bought a two family(2-2b 1b flats) home in Syracuse, NY for 92k. We put about 5k into it. We moved to the downstairs apartment and rented out the top for $725. We paid for the house like it was a single family home, and stashed the rental income away in a separate account. I forgot to mention, this house also came with a separate tax parceled lot that was vacant and next door(we just sold that lots for 12.5k!

fast forward to 2016, my wife and i now had a daughter and were expecting another. Because we had been stashing away for a few years we had the money set aside from the rental income as well as some additional savings to go ahead and buy a single family to move our family into. We bought a 140k house a few miles away that we now live in. We put about 20k into our new home before we moved in. 

We now rent the two family for 875 up, and 725 down. expenses on the house are about $850/m(mortgage, taxes, maintenance)

My question, or thought is, we are strapped for cash right now because of the new home and renovations, but i really want to get another multiunit. I am still very new to all of this, but the funding right now would be the biggest hurdle. I am in a good market for rents, and i feel like i hit a homerun with the deal on our first house. I want to buy and hold, using the BRRR strategy. Would anyone recommend a HELOC on the multiunit? stashing that cash from the HELOC into an account for a few months to season, and trying to find a good deal? Any and all thoughts are appreciated!