Amount of HELOCS or Equity loans

[Corey Kenney]

I was thinking that I could have as many HELOCs as I wanted. How many times can I leverage the same equity. What if I set up multiple lines with different banks and closed on them in the same day or the same week. Does that even matter and how will another institution view it later once the first has processed and I then apply for another. Is this illegal or just creative? Okay I’m ready for beat down. :)