What is a HELOC? And How Can You Use One to Invest in Real Estate?
In this episode Logan Manzanares dives into how to get a HELOC and how to use it to your advantage.
"I am in the process of getting my fourth HELOC this year. And so one of the most common questions I get when people are trying to buy real estate is, how do I find money? And one of the best ways you can do that is called looking for money you already have that you don't even realize you have. And a lot of that can be trapped in your homes equity."
I've used a variety of different loans to finance my $10 million real estate portfolio, including HELOCs, bridge loans, and 30-year mortgages. I'm often asked if you can get a HELOC on an investment property, and the answer is yes.
In this episode, you will learn the following:
- How to access money you didn't realize you had
- The difference between a credit card and a HELOC
- How to get a HELOC on an investment property
Connect with me:
Instagram: https://www.instagram.com/loganleemanzanares/
Facebook: https://www.facebook.com/manzanares.loganlee
YouTube: https://www.youtube.com/channel/UCaZLgWsHfj2iZG9lN8jXJmg
Website: https://everythinggoesmyway.com
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