How I Used $300k of My Home Equity (To Buy More Rentals)
Are you a high-paid W2 employee, working 9 to 5, uninspired, and looking for financial freedom?
The traditional method of saving and maxing out your retirement accounts WORK - but not NEARLY FAST enough - so hear me out:
On this channel, we only focus on THE MOST IMPACTFUL concepts that significantly move the needle toward financial freedom WHILE YOU’RE STILL YOUNG AND ABLE TO ENJOY IT:
—— Description of the video —————————————
I had 303k of equity within my investment property, so let me show you my thought process as to which option was best for me in order to grow my net worth and why.
Please comment below if you have any questions! I answer all the comments to the best of my ability.
00:00 Introduction
01:39 Option #1: Sell the Home
03:22 Option #2: 1031 Exchange
05:43 Option #3: Home Equity Loan
06:34 Option #4: HELOC
08:09 Option #5: Cash Out Refinance
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—— 📚 FREE RESOURCES 📚 —————————————
1. Real Estate Investing Youtube Playlist (START HERE): • Real Estate Investing Essential Playlist
2. Real Estate Investing Books (I’ve actually read them all): https://www.amazon.com/shop/michaelca...
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—— DISCLAIMERS & DISCLOSURES ——————————
This content is for educational and entertainment purposes only. Michael does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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