How to Use Home Equity to Buy Investment Property (and Retire!)

"I don't think there's a whole lot of houses listed at $100,000 in the Houston MLS so you will get interest you will have an investor that will find it"

"if you can sacrifice 15 years of hard work building a portfolio you would be able to Cash out refinance a new house every single year and live on that money taxfree which could be 1002 200 300 $400,000 depending on how expensive a real estate you"

"moving that Equity into Orange County is almost guaranteed to be a smart move because it's going to hold its value and appreciate more there than it would have in Riverside"

"you're never going to go wrong investing in Orange County in my opinion I think over time you're going to see some pretty massive appreciation"

"you have the helck that is a significantly lower interest rate in theory to go out and make the renovations to actually get you through the cash out refi of that property where you can get all that money back"

"if you have a helck that's enough money for you to go out and build an Adu to increase the value of your property that's going to take you about a year or so but then in theory if you do increase the value of your property you can go cash out pay back your helck and have gotten basically a free Adu out of it"

"I'd rather see that you pull the money out use it to flip a house maybe two or three houses take the money from those flips that becomes the down payment for future purchases it's not as easy it's not as fast but it's safer"

"if as long as the cash flow that you forced is more than The Debt Service on the HELOC you won with cash flow and you won with equity and you made your property better"

"let's say you're getting a 16% % return but you're paying 11% on your HELOC you're basically risking losing at all to make a 5% return"

"especially if rates go up again those helocs can become a trap"

"I built a property out in Joshua Tree used a he hel loock for the majority of it and then it appraised for much higher I did a 75% cash out on it paid back the helck entirely got a free house not free I still have to pay the mortgage people in the comments always comment they're like it's not free oh but I got the house basically uh I got all the money that I paid for the house paid back to me and now I just pay a $900 mortgage on it and cash flow every single month it's awesome so it doesn't matter if I cash flow a100 or $1,000 a month I don't care because it's an return for me at this point all because of a helck"

"over 90% of contractors don't make it past two years in business"

"only 1% of Contracting businesses ever make it past 5 years"

"after you know a a few cycles of Investments they end up being a lot more expensive than where we started"

"if the cost of building is 250 to build multif family but the property is worth 700 600 500 when you're done you're building a lot of equity"