HELOC down pay for Investment Home (Spouse scenario)

[Eugene Suh]

Can I get a HELOC on our primary residence (I am the sole person on the mortgage) and then have my spouse use those funds as a down payment on an investment property (mortgage under spouse name only for the investment property)? Both of our credit is strong 750+ and my spouse has income enough to absorb a good size mortgage but need some extra cash to make the down payment for the second property so was thinking if this was do-able.