Repay HELOC or make interest only payments to increase cash reser

[Steve Bell]

Hi BP community!

My partner and I are planning to take out a HELOC to fund the down payment on our first rental unit. Going the short term rental route. Anyone have advice about repaying the HELOC? What advantages would there be in paying back loan slowly and increasing cash reserves? Or would folks recommend we pay back HELOC ASAP so we can redeploy the money to acquire 2nd property? Long term goal is to acquire enough properties to retire early. Thanks for your thoughts!