Typically a 20-30% discount on the property after it's all said and done.

In addition, conducting thorough research and making direct contact with the company can increase your chances of reaching the appropriate individual.Additionally, locate the nearby office for the brokerage firms mentioned, and subscribe to their email list to stay updated on new and existing deals. 

I am starting from ground zero, with no prior background or capital to invest, but with a strong desire to create passive income for my family.I currently work as a middle school teacher in California, and while I love my profession, I have a strong desire to explore avenues that could potentially provide financial stability and additional income streams.

Another benefit of this option is that there is no additional liquidity requirement at closing.

This is key to understanding how refinancing works and how you might not need to come up with additional cash for the down payment (this is the power of real estate over time!!!).

@Jacob Hafer, in most cases its a sunk cost and some landlords nefariously even use the application fee as an additional income stream.

I will tell you if I could have put down 5% instead of 20% on my 7 properties I would only be into them for about a total of $70,000 instead of close to $400,000 which would have allowed me to purchase an additional 5-6 properties if not more.

This could provide a steady stream of additional income while allowing you to stay in the home you like.Short-term rental: If renting out a room isn't feasible, you could explore the option of short-term rentals through platforms like Airbnb.

END QUOTEIf someone submits BS documentation for an emotional support animal, they are notified that their application is being put on hold until additional valid documentation is submitted. 

Hi Kingston,With a HELOC, you are essentially opening a line of credit in addition to your original mortgage.