HELOC Explained (and when NOT to use it!) скачать в хорошем качестве

HELOC Explained (and when NOT to use it!)

In this video, Chandler David Smith breaks down everything that you need to know about a HELOC (home equity line of credit), and shares how you can use one to fund a real estate investment. He shares what they are, how you can use them, and when you may want to consider other options. There are several big benefits to HELOCs, as it allows you to take out money with close to no fees, and the interest rates are much more affordable than a traditional loan. If your house has gone up in value (like everyone’s in 2021) then you can take out up to your entire value of the home, minus the amount left on your loan. As a simplified example you can take out $300,000, when you bought the home for $400,000, but have paid off $200,000, and if the home is currently worth $500,000. The chance you have to immediately access this money to buy more growing investment assets should definitely be considered. Many people feel like they need to sell their properties in order to keep growing, but with resources like this, you can grow your portfolio extremely quickly. The advantages to using a HELOC to buy real estate is the low cost, and flexible payback terms. The con’s are not nearly as strong as the pros in most situations, but HELOCs usually have flexible rates, and the rules are always changing, so it can be difficult to plan for financing costs. HELOCs are a great way to fund your initial approach into real estate investing, and is a fantastic option for those who have already built equity into their home. The money acquired can be used for anything, from remodels, renovations, downpayment, and more. Get $50 off my new Real Estate Investing Course! Use coupon ( 50OFF ) Go to: https://www.chandlerdavidsmith.com/co... To join my Facebook group, go to:   / chandlersmithmastermind   To learn more about a job opportunity doing door to door sales with Chandler, go to: https://www.elitesummersales.com/ If you're interested in learning more about real estate investing, and you'd like to have one-on-one mentorship go to: https://www.chandlerdavidsmith.com/ Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home. Want to see all of Chandler's real estate deals? Real Estate Portfolio    • Real Estate Portfolio   What is a Good Deal?    • What is a Good Deal? | Real Estate In...   Follow Chandler INSTAGRAM   / chandlerdavidsmith   Facebook   / chandler.smith.73   Many people ask questions such as: Are Heloc Rates Fixed? Are Heloc Loans Tax Deductible? Are Heloc Rates Variable? Are Heloc Loans Good? Are Heloc Rates Variable Or Fixed? Are Heloc Rates Going Up? Are Heloc Payments Interest Only? Are Heloc Loans Easy To Get? Can Heloc Be Increased? Can Heloc Be Called? How Heloc Works? How Heloc Interest Works? How Heloc Works Canada? How Heloc Is Calculated? How Heloc Rates Work? Heloc How Do They Work? What'S Heloc Loan? What Heloc Interest Is Deductible? Heloc What You Need To Know? What Is Heloc Mortgage? What Are Heloc Rates? What Is Heloc In Real Estate? When Is Heloc Interest Deductible? When Do Heloc Payments Start? Heloc Where To Apply? When To Use Heloc? Who Is Accepting Heloc Applications? Is Now A Good Time To Apply For A Heloc? Which Is Better Heloc Or Home Equity Loan? Which Is Better Heloc Or Cash Out Refinance? Which Banks Offer Heloc? Which Is Better Heloc Or Second Mortgage? Which Banks Do Heloc On Investment Property? Which Is Better Heloc Or Reverse Mortgage? Which Is Better Heloc Or Personal Loan? Heloc Who Is Offering? Who Offers Heloc On Investment Property? Who Does Heloc On Investment Properties? Who Does Heloc? Who Gives Heloc Loans? Who Offers Heloc On Rental Property? Who Does Heloc On Manufactured Homes? Who Offers Heloc Mortgage? Why Heloc Is Bad? Why Heloc Is Better Than Mortgage? Why Are Heloc Rates So High? Why Use Heloc? Why Get Heloc? Why Choose Heloc? Why Do Heloc? Why Do A Heloc Loan? Will Heloc Rates Go Up? Will Heloc Rates Go Down? When Will Heloc Be Available Again? When Will Heloc Rates Rise? Heloc Can Be Used For? Can Heloc Be Used For Down Payment? Can Heloc Be Fixed Rate? Can Heloc Be Used For Investment? Can Heloc Be Used To Pay Off Mortgage? Can Heloc Interest Be Tax Deductible? Heloc For Dummies? Heloc For Down Payment On Second Home? Heloc To Pay Off Debt? Heloc To Invest? Heloc Without Refinancing? Heloc And Capital Gains? Heloc And Then Refinance? Heloc Like A Credit Card? Use Heloc Like Checking Account? Heloc Or Second Mortgage? Heloc No Income Verification? Heloc On Investment Property? Heloc On Rental Property? Heloc Or Cash Out Refinance? Heloc Or Home Equity Loan? Heloc Or Refinance? Heloc Pros And Cons? Heloc Qualification Guidelines? Heloc Rates? Heloc To Pay Off Mortgage? Heloc Tax Deduction? Heloc To Buy Investment Property?