How to Leverage Your Rental Properties | Morris Invest |
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Bill has a few rental properties he's considering leveraging. He asked about the best way to refinance a portion of his portfolio, and I'm sharing a few ideas in this video! βAsk me a 30-second question at https://morrisinvest.com/clayton πΊ Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB π 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 π΅ Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: https://morrisinvest.com/bootcamp π Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com π¨π»βπ» Sign Up for My Webinar: https://morrisinvest.com/webinar ----------------- Ideas for Leveraging Existing Rental Properties Right now is an interesting time to attain financing as interest rates are rising. If I were in this position, I would try to get a HELOC before rates go up again. Remember that just because you hear βnoβ from one or two lenders, that doesnβt mean another lender wonβt approve you. I always suggest shopping at local banks first. You can also try checking rates at LendingTree. Here are a few other lenders I can recommend: Flagstar Bank, Dan Kraus at Churchill Mortgage, and DLP Capital. LendingTree: https://lendingtree.com Flagstar Bank: https://flagstar.com Dan Kraus: https://bit.ly/347nADc DLP Capital: https://dlpcapital.com ----------------- About Clayton Morris: As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom β and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Morning Invest with his wife, Natali, bringing you news you wonβt hear on major networks. ----------------- 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. |