Flip financing

[Justin H.]

I've recently experienced a credit union willing to give HELOC on a house seemingly based on my word and a quick glance at a neighborhood, while skipping appraisal or BPO and ignoring county tax value. Unfortunately, they don't offer business services so I can't use them for flipping properties but has this been anyone's experience with any smaller banks/credit unions? It would be an easy way to get the money to finance repairs to a property but I can't imagine many banks do it.