Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Cash Out Refi vs. HELOC for Buying Rental Properties. That video is uploaded by Morris Invest at 2022-01-24T18:00:08-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [py23ah6BxxM]
| Name | Cash Out Refi vs. HELOC for Buying Rental Properties |
| Video Uploader | Video From Morris Invest |
| Upload Date | This Video Uploaded At 25-01-2022 02:00:08 |
| Video Discription | Frank is trying to choose between a cash-out refinance and a HELOC. Which is better for buying rental properties? ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com 📺 Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB 🏠 What's Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: https://morrisinvest.com/freedom 💵 Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: https://morrisinvest.com/bootcamp 🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com 👨🏻💻 Sign Up for My Webinar: https://morrisinvest.com/webinar How to Pay Off Your Mortgage in 5 Years: https://amzn.to/2OrjTSD Flagstar Bank: https://flagstar.com Dan Kraus at Churchill Mortgage: https://bit.ly/347nADc ----------------- The Main Differences Between a Cash-Out Refinance and a HELOC A cash-out refinance and a HELOC are both great ways to tap into your equity. A cash-out refinance will give you a lump sum check, and a HELOC works more like a credit card in the sense that you start with a zero balance. Both products can be a smart move for utilizing your equity. Personally, I prefer the HELOC because it uses simple interest and you can reuse the credit line as you pay it off. However, it can sometimes be difficult to find a HELOC on an investment property. Try local banks, Flagstar Bank, and Churchill Mortgage. And while I’d prefer a HELOC, it’s important to note that a cash-out refinance can also help you reach your goals. ----------------- DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals. py23ah6BxxM |
| Category | Education |
| Tags | real estate investing | real estate investing 101 | cash out refinance explained | cash out refi vs heloc | heloc for investing | investing | interest | real estate investing strategies | real estate | rental property investing | cash out refinance | heloc for investment property | heloc or cash out refinance | using home equity to invest | investing 101 | real estate mentor | real estate tips | investing in real estate | how to invest in real estate | real estate investor |
