วีดีโอ

Very true. Although the general lack of accountability and structure/follow-up/fookow thru is where most struggle to maximize the benefits of the strategy...

Double closing fees at some point needs to be paid via through your loan.

Is us bank a good heloc, i heard tberes was decent

Can you get a Heloc for a condo?

True. Although it's not so much the interest (note) rate, as it is HOW the interest is calculated, HOW the finance charges are assessed, and HOW/WHEN the payment is actually applied - that determines what the true debt service cost and/or interest 'volume' is. And ultimately, what your actual 'effective interest' really is. That the gauge we should use to determine which debt, how much and when it should be strategically paid...

How about Roth 401k?

Your journey is truly inspiring! 🚀

Well said...

this is very motivating.. will be reaching out soon :) . ty for the great work and hope!

I love finding one of “those” accounts while they’re small and then checking in on them in a few years just to see if they’re still scamming or if they’ve been abandoned 😂or

Awesome… 1000 agreed!

Thank you!

Not hard to believe, I've always had better experiences with smaller banks and local credit unions

💯 spot on!

What if you don’t qualify for a HELOC??

❤❤ great

Anyone know anything about this product in Texas. How does it work? I heard that there are different laws for a First lien HELOC in this state. I appreciate any feedback thanks

We actually have about a national - 4 months supply and balanced market supposedly is 6 months. I think we will see some corrections in Florida and Texas

"Anybody that tells you that they have figured it out would be multi-billionaires and they're not." *looks at Warren Buffet article online* 😅

Agreed

Your cap looks like the OM symbol. Most powerful thing in spirituality 🎉

You think that if you make 1.2 mil per year, you cant afford a 2.5 million dollar house? Really??

Keep the content coming!

This makes no sense. You store your money in a bank (checking?) account, whereas a HELOC is a Loan, not a place you can store money.

I want my 3 minutes back.

How does it work

Awesome!

can you get first lien HELOC on Rental property IN TEXAS? thanks

Positive comment❤

The real benefit to a HELOC is how the interest charges are calculated compared to a conventional 30 year mortgage. The savings on interest alone is mind blowing.

Thank you!from Tallahassee Florida 😮strong!

Great video!!

Name 1 company that went of biz because they had no debt! This is stupid!

Awesome information. I use an ploc from my credit union to do the same thing. I have a huge amount of equity in my home but, I have never taped into it. Interesting concept.

If it sounds like shit, looks like shit, and smells like shit, it's probably shit.

My Heloc was free, provided I kept the HELOC open for 36 months, if I closed the HELOC prior to 36 months I would have been back charged all closing cost.

IUL or UL

I have a question. Is it possible for me to get a HELOC without a primary residence?😊

Louisa here - Thanks this was great 🎉

Good stuff! You are right that many HELOCs are structured different. I have a HELOC that is 8.5% APR, which doesn’t kick in until the end of the Draw period (15 years). Thats if I have an outstanding balance. During the draw period my monthly payment is 1.5% of the balance or $100, whichever is greater.

Great general explanation my man...

IUL policy. Aka affiliate marketing

Banks are getting smarter, my HELOC was free provided I keep the loan open for 3 years, if not I had to pay all associated cost of opening HELOC, closing cost, appraisal etc. all in all about $1800

I used mine to pay off my solar panels, pay off my motorcycle, and invest in a business as far as big ticket items. 4.99% for 6 months is the best I've seen where I'm at but there are so many banks and credit unions out there and it's hard to know where they all service. Definitely takes some research, i got lucky with my last one it was with my credit union down the street when rates were ~2-3% and i was able to re-finance into the same promo rate with the same credit union twice for free!

It definitely requires a change in mindset. The way i looked at it even if i only paid my interest payment (not that i'd want to do that) but it would effectively be the same as paying rent but for my house except i was in way more control of that rent payment, i could make it go up or i could make it go down...and who the hell wants to make their rent payment go up?

You keep repeating the same stuff but you're not telling how does that work I need to know how does that work that's what I would like to know

Death Pledge indeed

*savings/leverage and tax mitigation strategy...

After one month they don’t cut off anything

How