How We Used a HELOC to Pay Off Debt AND Build Wealth скачать в хорошем качестве

How We Used a HELOC to Pay Off Debt AND Build Wealth

🚨 Most people think a HELOC is just another way to take on debt. But what if you could use it to *crush your existing debt* AND **start building wealth**—without changing how much you earn? In this video, we’ll show you: ✅ How we used a First Lien HELOC with velocity banking ✅ How to turn $1,000/month cash flow into massive debt payoff ✅ What to do if your bills can’t all be paid from a HELOC ✅ How this strategy helped us increase credit, eliminate debt, and create leverage This isn’t theory—it’s how we did it. Livestream: https://www.youtube.com/live/5gouuJ_9u6U Chapters: 00:00 - Introduction: What Is Velocity Banking? 00:30 - Why Use a Debt Tool Instead of a Checking Account 01:00 - The Benefits of Velocity Banking: Pay Off Debt Faster 02:00 - Secondary Impacts: Credit Score and DTI 03:00 - Why Banks Offer More Credit as You Pay Down Debt 04:00 - Becoming Your Own Bank: Getting Multiple Uses from a Dollar 05:00 - Visualizing Cash Flow Through a Line of Credit 06:00 - The Real Power of Recaptured Interest 07:00 - How to Pay Bills When Some Can't Be Paid by a HELOC 08:00 - What to Do with Mortgage Payments and Non-HELOC Bills 09:00 - The True Goal: Drive Down the Debt Tool Balance 10:00 - Leveraging Cash Flow to Pay Off Other Debts 11:00 - Conclusion: Keep Cash Flow Moving Toward Debt Freedom ⬇️ Links & Resources Below ⬇️ https://selfdirected.info/live DISCLAIMERS & DISCLOSURES This content is for education and entertainment purposes only. Donnell 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.