Can You Use a HELOC to Fund a Flip?

Slide 1

You can use a HELOC to buy or renovate a flip if you have home equity.

Slide 2

HELOCs act like flexible credit lines, drawing only funds you actually use.

Slide 3

Only use HELOC funds if you plan to repay quickly — flips are short.

Slide 4

Major risk: your primary home is collateral — default could mean foreclosure.

Slide 5

Many flippers combine HELOCs with hard money or other loans for bigger deals.