First time flipping

[Jesus Quebrado]

I'm doing my first flip but can't decide either to go with a hard money loan(11-15% interest) or get a HELOC loan? Any tips or recommendations?

[Bob Okenwa]

HELOCs are reusable and typically carry a lower interest rate. If you have enough money in the HELOC to purchase and renovate a property, it would be more prudent to use the loan with the lower interest rate.