Investment property using HELOC or money saved in the bank

[Neville Miranda]

I'm looking at investing in RE property/properties like townhouse/condos for passive income. I have a property that I can tap into its equity. I also have some considerable Savings. Considering this situation, what would be the best approach, should I utilize my savings to pay upfront for a single RE property or take a HELCO and divide my savings to buy multiple properties?