Trading my homes equity for your Hard money

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Hey there BP community,

Christian here, 

Quick Question. Can you use your personal homes equity as "skin in the game" in a hard money loan?

I have been trying to improve my credit to a point where i can get the equity out of my home. I will then use my home equity as a down payment to get my hard money loan.

I already got pre-approved for a hard money loan for my first flip but cant come up with the 20% of what i got approved for.

I know its risky considering this is my first flip but i know I am super conservative on my numbers and have done exponential research (about 2 years) on the subject of finance so I would like to believe I know about 5%. 

If anyone could help me own I would highly appreciate your expertise.

Thanks. 

[Dan Pohlman]

Christian,

Use your personal home's equity very conservatively.  I would always retain at least 30% equity in your home.  Remember what happened 6 years ago.  Good luck.

Dan