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Updated about 8 years ago,

Johnny L.'s profile image
Johnny L.'s profile image
Johnny L.
  • from Colorado
  • Member since Dec 15, 2014
Connect

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166
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Johnny L.'s profile image
Johnny L.'s profile image
Johnny L.
  • from Colorado
  • Member since Dec 15, 2014
Connect
Johnny L.
  • Colorado
44
Votes |
166
Posts
Rehabbing & House Flipping

Using a HELOC and Credit Cards to fund a Flip?

Johnny L.
  • Colorado
Posted

Quick question for all my fellow BPers!

I am looking to do my first flip, and want to fund it using a HELOC. The plan is to purchase the property with cash using the HELOC and then using a credit card to fund the rehab costs. My question is...have any of you used this strategy? Also what tips you may have for me? Thank you in advance for all the replies!

Johnny Lujan

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