Newbies show up to ask a question, but many (not all) of them only want to hear one thing.

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?

Purchase price: $76,000 Cash invested: $25,000 Bought a foreclosure to fix and rent.

Take advantage of the low down payment options and start to learn about buying a home/property and taking care of it. 

If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino

For a BRRR cash-out refi, lenders typically go by the ARV (After Repair Value), not just purchase + repair costs.

Doorloop has been great to us. 

Were these signed contracts that blew up at the closing table, or just offers that you thought were going to stick and never did?

Trying to get market rates.

You are going to most likely have a stranger hang on to several hundred thousand of your dollars.