Then the wholesalers and the flippers will really come out of the woodwork, and we'll have all kinds on this site who will suddenly become experts on "just give it a good skim coat" and "a nice backsplash will really make that kitchen pop."

There are laws on the books in most states that prohibit equity skimming against a borrower in some stage of foreclosure.

Downstairs is empty and can be fixed up really nice for $30k (new electrical, skim coat walls and paint, new doors, new bathroom and kitchen, new windows-old windows are ok).

But it takes a real analysis and not just an easy mantra from the Internet.And, if you have that much equity, maybe you should think about leveraging it to grow your portfolio instead of looking for ways to milk it for spending money.PS.

Thanks for reading or skimming my long post. 

Landlords defer updates and milk them for cash flow. 

We all have a better chance of dying in our cars going to buy a gallon of milk than corona.

Repost the question with the city in the headline, that way when people are skimming the list of questions they know what you are looking for. 

I have a 10 x 10 room to skim coat as well.

:@Jacob Repreza same, I've used RPR in the past and haven't had to go to OC's website for anything.Yeah I'm not gonna lie that really shocked me lol Orange county really trying to milk any profits they can get.