HELOC to buy Investment properties - Is it ok ?

[Anthu Tam]

Hi,

Is it a good practise to obtain a HELOC loan on a primary home to buy multiple investment properties by putting 20% down?

Will, there be any impacts on credit history or problems when obtaining investment loans for investment properites as I will be using HELOC for a down payment? If I need to buy 3 properties using HELOC should I buy all of them at one time? Or one after another? Which is advisable?

Lastly, any tax benefits if using HELOC for investment properties ?

Thanks