Hey everyone,I’ll keep this short and would love to hear from investors who have successfully leveraged a HELOC to scale their real estate portfolio for both short-term cash flow and long-term wealth building.I’m about to unlock $200-250K in HELOC from my primary residence (a condo in NYC), and I know there’s a powerful strategy I can implement.My current plan:✅ Acquire a 10-15 unit multifamily in a mid-sized market (AL, TN, OH, etc.), targeting a $700-800K deal with value-add potential.✅ Use 20% from my HELOC for the down payment and finance the rest with hard money.✅ Force appreciation over 6 months, then refinance into a DSCR loan to pay off the HELOC.✅ Rinse and repeat!

I own a primary home in CA and looking to buy an investment property home.

Can’t be purchased for your primary home.

my primary investment goal is long term appreciation and wealth accumulation.Looking forward to connecting.Best,Nish  

Quote from @Cooper Meurer: Lately, I have been mulling the idea of selling my primary residence and renting for 1-2 years before we leave the Midland area and move to the Texas Hill Country (surrounding Austin area)Reasoning for this:- I currently have around 120k in equity in my residence and I have a 4.75% interest rate. 

One thing to think about is when doing heloc on primary if you want to refinance you need to get their signoff as well as your primary loan which could cause complications.  

It may not be relevant to your situation, but for the benefit of all, I'll describe the scenario.An investor came with a +$1M gain (and no basis left) to our office with the primary goal of 1031 exchange.

It is important to note there is NO limit to financed properties if the loan is for a primary residence.  

I have one rental property now that was our old primary residence that is finally cash flowing and I have about $100,000 equity in that property.

We moved to Asheville in August and purchased our primary home in Weaverville, which is a cozy fixer upper on one acre.