Buying 2 investment properties using home equity

[Travis Hester]

I have an investment property that is mortgage free. I want to take the equity in this property and buy two more properties. 

My question is, if I use that equity I'll have a mortgage payment on the two new properties and then a home equity loan payment. Is that the way to do this, or is there a better way? Or should you refinance the new property mortgage to include the home equity loan? Or is that the same thing? If I'm not making any sense, please let me know. :) I'm just trying to figure out the best way to finance more investment properties.