♫musicjinni

How Can I Get Rich with the HELOC Method?

video thumbnail
Rosalinda took out a HELOC on her primary residence to buy rental properties. Can she actually build wealth with this real estate strategy?

❓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
-----------------
What You Need to Know About Investing with a HELOC
If you haven’t considered using a HELOC to invest, I’d urge you to take a look at your numbers and see if it’s right for you. After all, you can’t eat equity. If I had home equity just sitting there, I would certainly use it to grow my portfolio.

Here’s how it works: once you’re approved for a home equity line of credit, you have a zero balance on your account. It’s a revolving line of credit, similar to a credit card. You can use those funds to put a down payment on a rental property and start building your portfolio.

While you might worry about the debt involved in doing this, remember that you’re building your net worth and your renters are paying down the debt.
-----------------
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.

HELOC Explained (and when NOT to use it!)

Morris Invest: How to Use a HELOC to Purchase Rental Properties

How Can I Get Rich with the HELOC Method?

Just Start with 4 Rental Properties | Investing for Beginners with Clayton Morris

How To Buy 10 Rental Properties In 5 Years Using The BRRRR Strategy

How I Used the BRRRR Real Estate Investing Method with a HELOC

Cash Out Refinance For Beginners | BRRRR Method Deep Dive

How I Would Get Started in Real Estate in 2024

How to Buy a Rental Property with 5% Down (Sneaky Tactic)

How I'd Invest in Real Estate From Scratch (in 2024)

Creating a HELOC Payback Strategy | Morris Invest with Clayton Morris

Buying your first rental property [Full Guide 2023]

Is This The Best Way To Get Into Real Estate Investing?

🏡 Never put a downpayment on your house #realestate #money #downpayment #personalfinance #mortgage

How to Find & Utilize a HELOC for Real Estate Investing in 2022 | Morris Invest

What Is The Right Way To Buy Rental Property?

How To Buy Your First Rental Property (BRRRR Strategy)

Grant Cardone Says Buying A House Is The Worst Investment You Can Make

How To Prepare Financially To Buy Your First House Or Rental Property

How To Buy Your First Rental Property In 2024 Even If You're Broke

The Fastest Way to Build Wealth Investing in Real Estate: The BRRRR Strategy

Tax Deed investing 101 - Buying $50 Property

The Beginner’s Guide to Financing Rental Properties

5 Ways Rich People Make Money With Debt

How to Use Your Home Equity to Buy Rental Properties NOW

The Worst Houses To Buy As Investment Properties #shorts

HELOC Success Story: How a HELOC can snowball your rental portfolio

Warren Buffett: Why Real Estate Is a LOUSY Investment?

From Garbage to Gold, how to Start in Real Estate Investing

How to Use a HELOC as a Down Payment on a Rental Property | Morris Invest

Disclaimer DMCA