Personally I only use my HELOC on short term projects like flips, new builds and BRRRRs where I know I will be replacing the capital within months.You may be better off waiting a year and save up more cash or liquidate your index funds if the returns on a property will be better.

On the flip side some of the Investors like David K who may have invested in this deal at least he says he did..

Investment Info:Small multi-family (2-4 units) fix & flip investment in Bedford.

I flipped a condo in Washington DC and used the forced equity to purchase a buy, renovate, and hold property in Richmond.

We are looking to purchase a fix and flip.

The future buyer might have their own engineer walk when you flip it but if it's done right you'll be fine

@Rick DaneI do 10+ flips/BRRRRs a year in Jacksonville. 

Quote from @Robert Frazier: I would stick to something that can be replicated on each flip when you are in a market like this price point.

I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?

Some I may want to flip myself, but others I would like to "wholesale".