Building my own house.

[Mathew Burnett]

I'm going to be building myself a house and it's going to be done around August. Once it's done I'll owe next to nothing on it and want to get a HELOC on it and use it to put down payments on 2 or 3 rentals, then cash out refinance the rentals to have my HELOC go back to 0. And repeat. Is this a good strategy or is there something else I can do that I'm not thinking of?