This fall we launched 2 more syndications for infill developments in Boise. a 30+ unit Live-work townhome project in West Boise that has never been developed on 1.3 acres of land and an 8 unit lot split on the Boise Bench with a house to flip on an acre. 

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

I think the IRS might tag this as fraud.Talk to you Title Company.

Thanks for any help anyone is willing to give!

This brings back memories! 

This could help decide if the income is enough.  

It helps estimate ARV, rehab costs, and potential returns and offers funding options.

Only in this house your mom happens to be the tenant. 

At this point regardless of price point a cost segregation should be a full engineered study through a reputable firm. 

That's fine for this year, but how do I scale next year like everyone talks about?