Are your finances tied up and ready to go? 

I would say it definity is a risk as you are tying up equity AND taking on an additional payment.My personal criteria to use my heloc for investments are:1.

The higher the earnest money the stronger the offer.

I crunched my numbers as well, If he puts down a 100k, I now have 135k technically tied up.

Kory, so if I understand, create trace from HELOC distributions and tie to airbnb activity via receipts or documented transactions for that activity.Example: bought land with HELOC - show date, purchase price, location, account for other HELOC proceeds in similar fashion?

An estate tied up in probate is a great candidate for presale renovations but they decline Curbio‘s offer and elect to sell as-is . . .

Alternatively, if something were to arise in our life (emergency or otherwise) while this money was tied up in an investment, we're left with few good options. 2) Time is not something I have much of.

I mean heck, I'd even buy the property to help save it...but don't want to be tied up in out of state court!

If you don't actually have the cash (or access to it), then you'd be tying up the seller's property for no good reason and wasting their time and money.

And if anyone says a GC doesn't have nearly as much $ tied up into assets, lol, tell em they couldn't be more wrong, I had way more in tools and equipment then any 2 properties cost whole $ but when factor against just the capital outlay.... my shop and all equipment was roughly 12 if not 15,20 properties worth of "stuff".