I want to purchase an investment condo for $150,000.I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.Can I get a 30 year fixed conventional loan for $100,000 and use $50,000 for down payment from heloc?

@Dani Beit-Or great question and glad you are looking into this.

Quote from @Jonathan Small: @Luke H. what did you decide to do with this deal?

,I work with investors that do this all the time.  

i strongly disagree with this. 

I am a dog lover and completely understand where you are coming from.  

By the end of this you'll know more than a double-digit percentage of landlords. 

They aren't doing it to help syndicate investors.I don't know anything about this deal other than what I've read here, so take everything I say with a grain of salt...but this plan appears to kick the can for a year. 

An appraiser or local real estate agent can help with this.

My wife wanted to move somewhere with more space, so I jumped on the opportunity.