HELOC on primary home

[Jeffrey Ascough]

Hey guys. I started invested in the past ~18 months. I've completed 2 successful flips (30% ROI) and recently bought a great $100k rental unit cash flowing $1,050 a month after all expenses. All of that was done with cash. Now I am looking to begin acquiring 3-5 rentals properties a year. I've met some great private money lenders who can allow me to quickly close deals but I'm also interested in getting a HELOC on my primary residence. Anyone do this recently and if so, any advice? I have about $100k in equity I know I am trying to do a lot and do it quickly but I always make sure to have 50k in reserves and also make a good living in other job so overly concerned with LOC on primary home.