Bottom line: There may be large monthly cash flows, but they won’t be going into your pocket :(Positive InteractionsTo be fair, James Wachob and his team are pleasant to work with.

My father took out a $320K home equity line of credit (HELOC) to invest with my brother and I.

We are looking at the compound asset acquisition and also using the short term rental loophole for our future properties and likely moving my wife into the real estate professional position while I remain at my W2 position.To sum it up, I would like to know what higher income W2 earners are doing in order to help offset their W2 taxes or if there is a way? 

@Frank Alfano agency debt is very competitive (75-80 ltv, non-recourse, fixed-rate etc); you can syndicate and raise the equity portion needed from friends and family, provided you can market and lead the project.

If OP can lever-up while maintaining adequate reserves, he will be in better position than buying with heavy cash position.  

It’s a strategy that allows investors to acquire rental properties with little to no money out of pocket while building equity along the way.If you're considering using the BRRRR method to grow your real estate portfolio, here's everything you need to know about how it works, its benefits, and potential risks.What is the BRRRR Strategy?

Part of the reason we have that equity in our homes is to tap into it and turn it into even more wealth.

It's not as high performing as what's traditionally recommended (it's still cash flow positive but has a small margin) but that has a lot to do with the high interest rate.

More people are choosing to rent as home prices rise, which means investors holding rentals are in a good position to capitalize on steady demand.One of the biggest shifts we’re seeing is the increase in inventory.

only one avenue to this and that is an equity partner that shares your dream.