Question regarding HELOC

[Nick Ferrari]

Let me give you a hypothetical scenario:

You have a HELOC valued at 150k you buy an investment property at 100k cash through your HELOC. You then go to your bank and request a standard 30 year mortgage at an investors rate since it's an investment property.

Since you purchased the property as cash do you need to put down 20-25% on the house since you're pulling out all of your money from the HELOC?

This sounds like a very basic Question but I've got a newborn and am on 2 hours of sleep and have never used a HELOC before so I'm curious the actual steps and what to expect.