Seeking Direction/Guidance to Level Up Portfolio

[Jason Baker]

Here is my scenario. I am a licensed Realtor in Volusia County, FL. I own two rentals in New Smyrna Beach, FL that bring in $5k monthly in gross rents. They are newer homes, less than two years old and they are free and clear. Our primary residence has a ton of equity and a mortgage of roughly $285k with a value around $800k. What is the best way to utilize this scenario? I'm planning on selling one of the rentals in February when my tenants move out. I will then pay off the mortgage on my primary residence and secure a HELOC. I want to start using the BRRRR strategy to acquire more properties. I'm sitting on a decent amount of equity and seeking the best way to use it to build a large portfolio and long term wealth. The loan on our primary residence is currently in mom's name which is why I need to pay off that mortgage before securing the HELOC. I would like to hear from some seasoned investors on a viable path forward for this scenario. Thanks & God Bless!