Cash out Refi vs HELOC | Access your home equity tax free!
*I am not a licensed CPA or tax professional. This video and tools I provide are for entertainment purposes only.
Cash out refinance vs home equity line of credit (HELOC). Two very power tools and perks to owning real estate. Both have their advantages and disadvantages but both allow you to access your home equity tax free without having to sell your home or property. When used correctly, these strategies can enable you to make your money work and rapidly build your real estate empire. I'll explain the basics behind these strategies and provide actual examples along the way.
My name is Andrew and I'm here to explain the basics of real estate. I'm a submarine veteran, Engineer, excel wizard/nerd, and a fellow real estate investor. The goal of this channel is to break down everything you need to know regarding real estate investing into simple concepts. I'll provide plenty of actual examples along way. I'll also be releasing my own excel spreadsheets that you can download from time to time. If there's a particular concept I haven't explained yet, please leave a comment and I'll make a video on it! Even if I help just one person understand a real estate investing concept, I'll consider that a victory!
📗 My combined, downloadable real estate calculator (spreadsheet)
👉🏼 • Real Estate Calculator (rev 2.0) | Excel T...
🏠 Recommended Real Estate Books
====================================
►The House Hacking Strategy
►The Book on Rental Property Investing
►Buy, Rehab, Rent, Refinance, Repeat
►Long-Distance Real Estate Investing
►The Book on Investing In Real Estate with No (and Low) Money Down
►The Book on Tax Strategies for the Savvy Real Estate Investor
►The Book on Advanced Tax Strategies
►The Book on Managing Rental Properties
►Rich Dad Poor Dad
🙋🏼♂️ Social Media / Contact Me
====================================
Instagram: / realestatebasics
🏠 Excellent Real Estate YouTube Channels
====================================
►BiggerPockets: https://bit.ly/3xaIeyl
►From Military to Millionaire: https://bit.ly/3jziTKM
►Graham Stephan: https://bit.ly/3hsXFez
►Meet Kevin: https://bit.ly/2SGDn9j
►Dion Talk: https://bit.ly/3jy9LWB