Thinking about doing a HELOC to do some repairs and improvements to my home. What are some creative ways you guys have used your HELOC??

I did a Homestyle Loan. Rolled the upgrade/construction costs into a new mortgage loan and refinanced based on the post-upgrade appraisal. Paid about $52k for a new kitchen. Appraisal value jumped $70k. Removed PMI and gained 10% equity. This was one year ago, so appraisal value has probably gone up another $10k minimum. I found this much simpler than a HELOC.

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Used it essentially as a bridge loan for purchasing our current home while waiting to sell the previous one. We had the cash for the 20% downpayment, but it was tight. Ended up going 10% out of pocket and the other 10% from HELOC. Ended up selling the previous home pretty quickly (closed about a month after putting it on the market) so paid off the HELOC quickly. It was nice to have that extra cushion while going through stressful times.

I used it to buy a vacant lot from a builder who was behind on taxes. I got it 40K under what I considered its actual value, and sold it 2 years later for 70K profit. (initially I wanted to keep it and build for myself, but the profit was too good to pass)

I took out a $15k HELOC to update my flooring (was carpet/linoleum in the kitchen, now tile everywhere but bedrooms), install a new HVAC (old unit was 18 years old and I'm in Phoenix; this needed to be done), paint exterior of my house and update some landscaping. Based on the appraisals before and after, the HELOC paid for itself plus another ~$10k.