Have you used them in the past?

Establishing a short term rental / airbnb is another great way to maximize rental income as you're starting out, and easy to convert back to a LTR or MTR if the strategy doesn't suit you.4.

We just had someone reach out to us that is trying to close next week and the lender told them they could get a fix and flip Loan at 8 1/4% and $500 originationfee on a sub hundred thousand dollar loan and property.

Quote from @Andrew Guzman: The only time I really suggest someone to use a HELOC is for when they are using it for quick money; example flipping.

The messaging ignores that it is almost always a bad deal for the seller (inferior to just getting a lump sum of cash at closing) or that a buyer is overpaying.There are some niches where it can make sense.

It is as easy to pick out as a wrotten apple in a basket.

Since it is vacant it should be easy to access. 

If only it was that easy.

Excited to see where you take your first step!

Welcome back to Chicago!