HELOC- How to structure deals.

[James Barnes]

Whats up everyone, I'm closing on my HELOC on Friday. Depending on the property of course, I potentially have enough to fund an entire project from start to finish. My question is ...should I? I understand my HELOC is astronomically cheaper than Hard Money as i'd be paying interest only at 6% but am worried about having MY entire ***/Home on the line for lack of better terms. If the numbers work would it be better to structure the deals so I have as little money of my own in as possible? i.e. Use my money to purchase the property then hard money to rehab and vice versa??

I get that I'm still on the hook for any money I sign my name to, and would never intentionally do anything to compromise my word, the deal or my name but...well to be frank....**** happens sometimes.

Looking forward to everyone's input. Especially those that have went the HELOC route before...