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How to LEVERAGE your home to buy a rental property
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If you’re considering buying a rental property with your home equity, here’s what you should understand:
-Because mortgage rates have started to decline, it’s a great time to buy real estate.
-The current housing shortage offers opportunities for investors, as long as you buy in the right markets with plenty of demand.
-If you can get a deal with returns higher than your home equity product’s rate, you’re likely making a smart move.
-Investing now allows you to buy real estate before prices explode – setting you up to capture even more equity in the coming months and years.
-Only take out a loan against your home’s equity if you’re confident in your ability to pay it back.
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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.
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