I am new too and we are in the same boat, trying to find that home that will bring some extra cash flow :)

I live with my grandfather expense free and I just received about 10k of extra money. 

If you’re in a good market, you could easily be making an extra six figures with your license, just helping people in your sphere with their transactions.

I am able to afford the extra payments and was primarily wanting to use this capital to scale my real estate portfolio via BRRRR.

Is it worth the extra 700$ and additional time to try to capture an extra 25-50k in HELOC?

Take the extra cash flow and make a principal payment. 3.

Did you rent out the extra rooms or did it have an ADU of some sort?

If you are going to miss and extra 6-9 months from a pandemic every 30 years shouldn't you factor in an extra 2.5%ish to your vacancy/non payment rate?  

I've seen scenarios where the appraisal came in much higher than the purchase price and the lender agrees to add an extra 5% of leverage.

We talked to one lender about refinancing our other investment property at the same to gain extra cash, but with that lender's higher construction reserve requirements we're still short.Anyone tackled this problem before?