Using a Heloc for Down Payment?

[Joshua Ostler]

I have 100k in equity in a long term rental (was a previous primary residence). Would it be wise to use a Heloc for a down payment on my first investment property? Doing so would give me two mortgages and the Heloc. Seems a little over leveraged. I do have 30k in cash but that won't get me very far into a decent property. Is there a better way to finance my first investment property? Thanks!