Using a HELOC to start investing and velocity banking

[Jesse Dickens]

I am a new investor from Denver looking for my first deal (probably out of state). I don't have much in the way of personal funds to start investing, but I probably have around 75k available if I were to take out a HELOC. I would like to start the process of velocity banking simultaneously to pay off my mortgage quicker with less interest paid. Has anyone ever used this combined strategy of using a HELOC for both of these strategies? Any suggestions on how to find the right HELOC or a calculator that helps guide through the velocity banking process?

Thanks

Jesse Dickens