Can I bring my home equity to a hard money lender as collateral?

[Billy Farley]

I have about 120k of equity between both of my houses. Can I leverage this to get a line of credit or get a fully funded Hard Money loan if I put them in the second position? Looking to flip a home before the end of the year. I have a contractor who is working with me and I don't want any more out of pocket cost getting wrapped up.

[Jeff Copeland]

Some hard money lenders will take a second position on an investment property. Just keep in mind their rates and terms are going to depend on their level of risk, the amount of equity, and your history with them. 

Second position = more risk = higher financing costs for you as the borrower. 

On your primary residence, your best best is a HELOC from a reputable bank. This is a very common product, and it's essentially a line of credit in the second position on your home (which is why they are often referred to as second mortgages). The terms are very competitive. Of course this will also depend on your credit, income, and DTI.