This will be a fix/flip project. 

Like you I think I made my first investment in a true syndication when I was in my early 60s. the sponsor is what matters.. asset OK  but if the sponsor is not top notch I dont care how good the project is..

With that in mind I’m projecting 200-250k to fund a 25% down payment, closing costs, light rehab, and 6 months of debt service and opex as reserves.

@Ryan G.Those numbers sound reasonable. 40k rehab may be a little low for most projects.

A HELOC works like a credit card—you can borrow, repay, and borrow again, making it flexible for ongoing projects like flipping or renovations.

I'm looking to connect with a reliable, skilled contractor who has solid experience specifically in Fix & Flip projects.

I pay the bills, run financials and projections.

I'd especially like to attend one that will have an economist speak on 2025 projections.

This is my first flip and I'm using a heloc on my own primary to fund the project.  

It depends on the project and the architect.