HELOC trigger and then use funds to buy another. Good idea?

[Allen Wu]

BP Family,

I’m thinking about taking a 100k heloc on my investment property (it’s a condo). Interested to learn how others have used this approach to use the funds to buy another property. What is your approach or framework to make a deal work while paying down the heloc from years 11-30? The whole thing gives me a headache trying to figure out how to make this work and thinking about just putting my head down to save up 25% then ready to buy the next one. Thoughts?