You would be 100% leveraged, and you'd have 2 separate loans (One HELOC and traditional mortgage).

You could also take out equity if you want to keep the condo and use that for another investment, but I’d be careful about over-leveraging.

Leverage your construction expertise to accurately estimate rehab costs and streamline renovations, and focus on financing strategies like hard money or private loans for your BRRRR deals.

Could be.I think that for most individual American investors leverage is a critical tool. 

What is the best strategy to leverage this for my goal?  

Most investors seem to want to use leverage to boost returns. 

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

Selling makes agents money and the IRS if you don''t 1031, it's almost always better to re-leverage instead.

IMO outside of a few small markets in the southeast the midwest is the only region in the U.S right now where you can purchase property with leverage and still expect a reasonable cash flow. 

You can create equity through renovations as you live in it.Its all about leverage.