Best Strategies for HELOC

[Armand P.]

Hello BP!

I just signed loan docs for my HELOC! It's a bit scary and exciting at the same time. Question now becomes what is the best ways/options in deploying the funds in order to invest in RE. I've heard a few people suggest doing a BRRR strategy with a cash-out refi and pay off the HELOC and do it again.

I am also considering using it as down-payment so I can leverage and buy multiple rental properties. Another consideration is to buy a multi family-unit (This option I like a lot).

I am open to hearing other peoples experiences and what worked OR didn't work etc...

Thanks!

Armand