second heloc for an investment property

[Amir K.]

Hi everyone

I own a 1 bedroom worth about 240K, i used my own money for the down payment and owe 148K to the bank (primary residence).

im thinking about taking a heloc on this property to help me with the down payment for an investment rental property.

my question is, if i go with the plan and i buy that rental property, can i take another heloc in the near future on the rental property to buy a second one? considering i wont have any of my "own' money invested in the property.

thank you

Amir