"Cash only" covers HELOC?

[Yash Warke]

Many sellers ask for "cash only" for their properties. If you have a HELOC that has enough line to cover the price, does that qualify to be a Cash only offer?

[Nathan Gesner]

Quote from @Yash Warke:

Many sellers ask for "cash only" for their properties. If you have a HELOC that has enough line to cover the price, does that qualify to be a Cash only offer?

A line of credit enables you to write a check. It's the same as paying with actual bills and coins, a money order, or a cashiers check. It is considered cash.