Refinancing a HELOC

[Brian Jones]

I have been working with my parents who have a HELOC on their first house. The goal was to use this for flipping. We have done one flip so far but deals are few and far between. My question is whether or not there is a way to purchase a multifamily rental with the HELOC and then in some way refinancing to conventional but in my name as to avoid the need for a down payment. Any advise would be greatly appreciated I can provide more details if need be. Thank you, Brian