Was wondering if someone could help me with the best way to approach a family member to potentially fund a fix n flip investment while I do all the hiring of contractors n managing the property 

@Percy N. my immediate thought as well...My banker (not my credit union - I have both, and there are good and bad for this) and I have discussed the HELOC and it's 5.5% with no additional cost/fees, etc...

L e a s e r u n n e r s .

As to the BRRR thing, that's an old tactic, buy n hold, you're a victim to financial changes along the way, it is not infinite as the gurus claim, you have loan concentrations as you acquire more financing, your available LTVs will drop as inventory increases and hard money doesn't last for the long term.  

Thanks @Percy N.  

Hi @Percy N.

You also asked about N.

The DIG REIA where @Percy N. and I are members has some newsletter advertisers that sell appliances - Gerhard's and Queen Appliance.

http://www.corelogic.com/about-us/researchtrends/n...And foreclosures are down to the lowest level since August, 2007 The 5 states with the highest foreclosures are:  Florida, Michigan, Texas, Ohio and California

They seem to cater to the mom n pop investor such as yourself and not strictly Institutional or other High Net Individuals.