Taking out a HELOC on someone else's property

[Connor Augustine]

Hello!

I am planning on working with a family member to take a HELOC out on their house to fund my next BRRRR deal. I am curious if there are protections or legalities that need to be in place before I can use that money for a deal? I am just assuming that it is not as simple as take the HELOC out, they give cash to me, and I do my deal and give the cash and interest back. Thank you!