HELOC next move? Better options?

[Jacob Bremer]

Hello all,

I am thinking about my next investment move and wanted to get some insight. I have two properties I could use for HELOC.

Property A: Cash flowing STR. Bought at 675K in 2020. Now recently appraised at 1.2M. Remaining Mortgage: 599K.

Property B: 12mo Rental: Bought at 210K. Renovations 50K. Monthly Payment 1550/mo. Currently 12mo lease $1900/mo. Hasn't been officially appraised but probably somewhere around 300K. Remaining Mortgage: 152K.

I currently have about 50K in cash.

My main thought was to find a cash flowing rental in the 150-200K mark and use my entire HELOC on property A to fund it.

My other thought was to find a flip job for faster cash.

Is there other ventures or financing ideas I should be considering? What are others doing in situations like this?