There are several things you can do to flex your equity and put you in a better overall position. Join Andrew and Kevin as they discuss refinancing, investing, and how to put yourself in the most advantageous positions using your house equity!
There are several things you can do to flex your equity and put you in a better overall position. Join Andrew and Kevin as they discuss refinancing, investing, and how to put yourself in the most advantageous positions using your house equity!
Rates are higher than normal but that doesn’t mean it’s not a good time to refinance if you’re making the right move. We’re still in a very heavy sellers’ market. Or this might be an easier time to take your current home and turn it into your dream, rather than going out and finding something new. You already know your home. Perhaps you’ve invested money into that home in the past.
“Putting money in a savings account should have the same amount of mindset focus as paying your cell phone bill.”
Credit card debt is out of control – usually folks have zero debt, or a crazy amount. However, you can consolidate the debt into your property! Another way to flex your equity is to use that equity to make money. Another – investment properties. Take the money out of your home and make a down payment on another home you intend to rent out. If you’re charging more in rent than your mortgage, then you’ll make money. Refinance – it’s not the rate, it’s the payment. Flex your equity!
Andrew Karam: website | facebook | linkedin | instagram | book a call
Kevin Booth: website | facebook | linkedin | book a call