70,000 Heloc... now what?!

[Danielle Dickens]

Hello All,

I recently closed on a 70,000 Heloc on my primary residence and I have about 15,000 in savings as well. I would use the Heloc for a down payment.

My goal is to BRRR but I'm struggling to find a deal where the numbers make sense.... making sure I can do a cash out refi after renovations to pay back some to all of the Heloc. I think my brain is stuck.

Looking for any advice! How to approach this? How would you use this money? Would you approach it differently?

Thanks in advance!