How do you use the equity in your home to buy an investment property? It’s actually simpler than most people think. If your home has grown in value, you may be able to tap into that equity (the difference between what your home is worth and what you owe) to help fund your next purchase. Here’s how it works: 1- Get a valuation. The bank updates your property value. 2 - Calculate usable equity. Usually up to 80% of the value minus your current loan. 3 - Access the funds. Through a loan increase or
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The power of equity. People think paying off your mortgage is smart, let’s say you have some equity in your property, from either paying into it or from capital growth. That’s basically static money in your house that isn’t doing anything and could be put to a better use. What you want to do is get hold of the equity, and there’s three ways to do it. * You can completely remortgage * You can do a further advance on your mortgage * Or you can get a second home owners loan You pull that money out,
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You can pay your home off in less than 30 years and save yourself hundreds of thousands in interest. These 3 easy strategies show you how. ✅ If you liked this video, you can learn more at our next free masterclass. Register here: http://bit.ly/investor_masterclass | Positive Real Estate
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 Carrying credit card debt? If you’re a homeowner, use your equity to pay it off fast, with a HELOC from Rate. | Rate - Guaranteed Rate | Facebook
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