Getting started with heloc.

[Sim Kelly]

I'm wanting to use a heloc for the down payment to purchase our first investment property. After say the first year, what is the best way to pay off the heloc so I can use it towards another property's down payment? We would like to start buying 1 every 2 years or so. Depending on conditions of coarse. Is this a good way to get started?  Our credit is excellent and we have a good bit of equity to tap.

I see where people use helocs to start their investing journey but they really don't say how fast they pay off their line of credit.  Or how they go about purchasing the next property.  Are they using hard money loans then doing a refinance?