Tapping into home equity

[Harpreet Walia]

All, 

I love investing in real estate with the idea of financial freedom in next 7-8 yrs (owning 25 properties to be specific)

I have started my path towards my goal (around a year back) and currently owns around 5 SFH (buy and hold)

I am currently doing this using my hard earned money. But i dont want to use my own money now (as I read through biggerpockets the power of leverage becomes more clear)

I want to tap into equity of my current primary residence and take out a heloc (dont want to refinance as my existing interest rate will no longer be around). Currently, i am eligible to get a heloc of around 80-85k. 

Idea is to use heloc (and follow BRRR) strategy to keep buying more properties. (Mostly out of state)

I have already read through various posts on how to leverage heloc/refinance options. 

Just putting this question out here again. 

1) What are all things that I should keep in mind before I follow this? 

2) Should I buy all cash deals (BRRR) or use 80k to buy 3-4 conventional loan properties (buy and hold)?

3) Any other idea that you can point to better use my equity

4) Does my strategy looks ok with the overall plan on buying 25 properties in 7-8 yrs?

Any response will be appreciated