@KarlB- That's also another way of looking at it...good food for thought.

My hammer is for cracking open nuts, not remodeling.Just food for thought....

Great guest and food for thought. 

You can brag how your Sub2 are all great grand and groovy but fact is your 1 event away from a forced liquidation event. 1 court ruling on Sub2, 1 event where lenders do look-backs and enforcement, your goose is cooked.

They also do not work in a timely fashion so if it’s a rental that could be a problemJust food for thoughtFor us what we make sure we do is service and maintain our equipment like hvac and appliances which often leads to longer life spans

Recently its down to 4.82%, so if we keep in mind our margin or the fixed portion the lenders add on top of the index to come up with your daily rate calculation is going to be as follows:4.82% + 3.75% (example margin for AIO) = 8.57% so we'll round it up to the nearest .125% which should be 8.50% interest only.Given that prime is 8.50% already and there is a margin on top of Prime for most HELOC's out there from .25-3.00% your traditional HELOC would be much higher rate than your comparable AIO loan comparatively.So just some food for thought.

Some specific examples include careless installation of vinyl flooring in our kitchen, resulting in irreparable damage; leaving an exposed nail in remodeled kitchen cabinetry that scratched our new range; installation of bathroom sinks with improper plumbing connections; and multiple instances of failure to remove cigarette butts, food trash, and construction waste from our property.

Some places (Cook county, Illinois, some big cities) forbid using criminal records (including felonies) over X years old, so you may not be able to deny just on a criminal record. 

@Pawel Cwierz call me a cook all you want but i think it is just fear that is taught from an early age.

@Taylor Cook clearly soeone is not understanding the situation.