As far as I understand the most common use case for HELOC is revolving line of credit for large purchases or renovation projects.

Forcing appreciation is possible, but you must be very strategic about how you renovate.

Here are some options: Hard Money Loans: These are short-term loans typically used for the purchase and renovation of properties.

How much detail are you wanting:In Renovations, this can be anywhere from $30k to $500k, depending on properties needs, scope of work, scale of finishes, access to labor, etc.

In my personal opinion the seller should be aware of the market value of there home both before and after renovations and choose to sell to a wholesaler based on the convenience, timeline, inability to sell the house on the market, etc. 

Keep in mind that these homes are sold "as-is," so a thorough inspection is crucial to identify any potential issues that could affect your renovation budget and timeline.Special Requirements:Freddie Mac has a "First Look Initiative," which gives owner-occupant buyers an exclusive opportunity to purchase homes before investors can submit offers.

Costs ran significantly over on both of these items and not being in the area it was not possible for me to add my experience in renovations to lowering them. 

You need to do testing before renovation and after to confirm that all mold remediation was either done by a company if the area is still there.

Purchase price: $100,000 Cash invested: $30,000Property is valued around $315kForeclosure purchased from bankNo renovations since 1978What made you interested in investing in this type of deal?

Hi Meredith,How exciting that you renovated a bungalow!