How NOT To Use A Home Equity Line Of Credit | HELOC Explained |
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In today's video, we talk about how NOT to use a home equity line of credit. There are pros and cons to a HELOC but today we will be focusing on just the cons and how NOT to use your HELOC. With these tips, you can prevent yourself from being in a financial pickle and prevent yourself from losing your house. As always, thanks for watching :)
How NOT To Use A Home Equity Line Of Credit | HELOC Explained #heloc #realestateinvesting #homeequitylineofcredit ►My FREE Real Estate Investing Resources Rental Property Calculator: https://mailchi.mp/d4952d7ecdac/multifamily-rental-property-calc House Hacking Rental Calculator: https://mailchi.mp/428f84469172/free-house-hacking-rental-calculator ►Subscribe to my YouTube Channel https://www.youtube.com/channel/UCoFrE4l-TjXhtyEKejC5rBw?sub_confirmation=1 ►Follow on Instagram https://www.instagram.com/evanphoenix0/ ►Book Recommendations Rich Dad Poor Dad - https://amzn.to/41pltX1 The Power of One More - https://amzn.to/3XYrWFq The One Thing - https://amzn.to/3xQKa16 Atomic Habits - https://amzn.to/3IvzzgL The Multifamily Millionaire - https://amzn.to/41ltvAe Real Estate by the Numbers - https://amzn.to/41j9I4B The Book on Investing In Real Estate with No (and Low) Money Down - https://amzn.to/3Iv3HJc ►My YouTube Gear Camera (M50)- https://amzn.to/3xPrK0B Lens (Sigma 16mm)- https://amzn.to/3Y0B5gT Mic - https://amzn.to/3KIH5Ym SD Card- https://amzn.to/3ZhEybN Tripod- https://amzn.to/3YX7ki1 Lighting- https://amzn.to/3ECoNEt ***DISCLAIMER: First off, thank you for all the support. All content from the Evan Phoenix YouTube channel are my own thoughts and opinions. The information from this channel should not be taken as legal of financial advice. Some of the links in the description may be affiliate links where I will benefit from, if you were to click the link and purchase. The links do not include any additional costs to the purchaser. Time Stamps// 00:00 Introduction 00:58 Mistake #1 02:19 Mistake #2 03:42 Mistake #3 05:04 Outro |