For instance, if the owner pays personal bills from the business checking account or ignores the legal formalities that a corporation or LLC must follow (for example, by making important corporate or LLC decisions without recording them in minutes of a meeting), a court could decide that the owner isn't entitled to the limited liability that the corporate business structure would ordinarily provide.The company's actions were wrongful or fraudulent.

But that is a conversation for another time and by someone who is more economically inclined than I.Anyways, point being is that I will gamble with my heloc. 

Not the time to gamble on the rookie sponsor. 

Its always a gamble but the flood variable adds risk that is hard to quantify up front.

You’re essentially gambling.

it depends on your risk tolerance but that is a gamble I would be willing to take.

Flipping is a gamble and takes a lot of hard work and knowledge.

It is a gamble.

It feels like slightly informed gambling. 

I've heard stories of money vanishing from bank accounts after the bank realizes a transaction was fraudulent.