HELOC and seasoned money

[Paul Chintawat]

I'm starting out and I'm doing my research. As you could say, I'm getting my ducks in a row. We opened a HELOC in April that we plan on using for funding (either down payment or full). Is that considered 'seasoned money' that I can use? Or do I need to take funds out of the HELOC and have it sit in my bank account prior to purchasing a property?