My 1st Lien Heloc Story. Is it working for me?
There are more than one type of home loan that can be used to pay off your house. There are other options than a 10, 15, 30 year mortgage that results in a lot less interest paid and when less interest is paid you can pay the house down much faster! Velocity banking | 1st Lein Heloc Strategy. Why I am Refinancing into a 1st Lien Heloc.
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How to Budget so you have Cashflow
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Timecodes:
0:00 - Intro
1:15 - What to do with Cashflow
2:30 - Problem with a Mortgage
5:20 - Two types of Home Loans
7:19 - 1st Lien HELOC Example
8:52 - My Refinancing Experience
9:28 - Let's Do This!