Selling a property with a HELOC

[Yaniv Tivon]

Hey everyone,

I want to use the equity of the apartment I currently live in for a down payment on an investment property; however, I plan on selling my apartment in 9-12 months since I'll be moving for a new job. Renting out my current apartment is not really an option since it doesn't cash flow (I would lose $100-200 a month). Since I'll be selling the apartment fairly soon, refinancing doesn't make sense. If I get a HELOC, would I be able to pay it off after selling? Or would I have to pay it off before I sell? 

Any other potential solutions to access my equity are also welcome.

Thanks in advance!