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?

The loans are fixed rate programs, and the additional renovation financing is included into the one loan.

It was previously a rooming/boarding home for men on fixed incomes.

you either want something in good condition where you can buy and not have to fix much, or something distressed.

As mentioned seller credits are the best path as title insurance and taxes are pretty much fixed.

They often offer coaching programs that can guide you through the fix-and-flip process, including how to properly assess properties during walkthroughs.

Investment Info:Single-family residence fix & flip investment.

I would expect however to have bug fixes and maintenance for the system.

ABC Baltimore appraisal came at $102,000 (contingent on the basement flooring being fixed).

Rates will be a little higher (5%/6% range) but the cool thing is that you can often find these on 30 year fixed terms unlike the short term balloons the local bank would offer.