Using multiple HELOC's to buy real estate. Help!

[Luke Schumacher]

Hey Everybody. My name is Luke and I'm starting to get my feet wet in the real estate market here in Charleston, SC. I currently have 3 properties (2 of which are rentals). I took a HELOC out on my current primary residence to purchase my last property. I guess my question is...Can I continue to use HELOC's to purchase more investment properties? Basically I would just get a line of credit on my most recent purchase because that's where the equity currently is. I would just be using the same equity over and over again. Seems a little to good to be true. Help please.