Heloc towards Principal ??

[Justin Thompson]

Hey guys I'm new to Investing, just started escrow on my 1st property. 2 houses on 1 lot. I plan on house hacking. I watched a video where this guy was explaining how to pay off your mortgage in 5-7 years. He explained of getting a HELOC on your house for x amount of money, using 95% of the heloc towards your principal and living off of the other 5% untill your heloc was paid and repeat the proccesss. Hope this makes sense. Checking to see if it's possible.