Very frowned upon almost impossible try that and you will wind up with a department at corporate at some lender expect to see Santa Claus at Christmas next year before that gets done.

SF are usually a little slower around Christmas, but now the market is pretty liquid again.Now on your HELOC.

you just made my day.. thank you for the kind words.Renovo is for real and those I know in Chicagoland have used them one of my clients used them or uses them and I was a partner on one loan they did for us.. ( silent partner) I met one of the principals at a Christmas party in Chicago one time or no it was an open house. 

Through the warranties we have had the heater repaired (day after Christmas), cast iron drain pipes replaced, main sewer line cleared, and an electrical issue.  

Especially, since I never ever even gave one of my tenants a Christmas card.

Hi Ropo,@Brie Schmidt is your "go to" for anything Chicago related.I've owned a condo there since 2017 and it's left a sour taste in my mouth as it hasn't moved in value at all.My fault tho as it was a "trophy property" of sorts so only have myself to blame.I've warmed up to the idea of house hacking over the years but still think that "money makes money" if you want to be active.$100,000 can go a long way in many markets when it comes to property flipping.But then again, not everyone wants to be active so I get it.Something to also consider is how landlord friendly the state is.I've heard some horror stories with Illinois but potato "potato" lol.My tenant for example is high net and I get direct withdrawal payment on the 28th of every month and hasn't skipped a beat in 4 years.Wishing you much success 

They may give you a free new tenant if they realize they didn't do so well, but I've never heard of the PM company paying for a renovation of a trashed house.I had a few PM companies ask me in their pitch, "What are you going to do if a tenant calls you with a backed up toilet in the middle of the night or on Christmas day?" 

If all you want for Christmas, yes that is totally a Mariah Carey reference, is a house, you better get to steppin!

The school of hard knocks does not give everyone trophies. 

I wonder if he bought him a Christmas present last month and gave him a welcome basket when he moved in.