What is the best way to use a HELOC for properties?

[Phil T.]

Folks-

A few weeks ago, I gook out a HELOC against my primary residence to use to buy investment properties. I initially intended to use it to do the BRRRR strategy and repeat this process every 6 months or so. Being new to the REI game, I'm finding this to be a little harder than I thought it'd be. I'm now thinking of using the HELOC as a down payment on several properties. I figure I'll take my profits from those properties and the money I'm saving for investments to pay off the HELOC, and continue this process until the end of my draw period on my HELOC (5 years). What are your thoughts on this? Any other ideas of ways to use a HELOC?

Thanks!!!