Having cash on hand will allow you to make essential repairs and upgrades. (themortgagereports.com)
Now, if you lack the cash to make essential repairs that your family's safety or your home's structural integrity depend on, then home equity borrowing makes sense. (interest.com)
Unit Type 60 % of Average Market Rent Residential services home / Rooming House Up to $ 589.20 Examples of essential repairs (flipping4profit.ca)