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Updated about 1 year ago on . Most recent reply

Devon Deda's profile image
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Devon Deda
  • Member since Apr 8, 2019
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Devon Deda's profile image
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Devon Deda
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Devon Deda
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Starting Out

HELOC for Fix and Flips

Devon Deda
Posted

I am thinking about using a HELOC for down payments/holding money on hard money or private money loans to fund flips? Please poke holes in my thought process! Thanks!

Green Bay, Wisconsin
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Ryan Davies's profile image
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Ryan Davies
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  • from Salt Lake City, UT
  • Member since Mar 21, 2019
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Ryan Davies
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  • from Salt Lake City, UT
  • Member since Mar 21, 2019
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Ryan Davies
  • Investor
  • Salt Lake City, UT
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Ryan Davies
  • Investor
  • Salt Lake City, UT
Replied

Been doing it that way for years. Can also do loans against brokerage accounts and life insurance policies. 

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