In this video, I show you how to access the equity in your house to buy another home such as a vacation home or a rental property.

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⏱ Timestamps:

0:00 - Intro
00:18 - Cash out refinance method
01: 17 - Advantages of a cash out refinance
01:32 - Disadvantages of a cash out refinance
02:21 - Home Equity Line of Credit method
02:42 - Home Equity Loan Method
04:04 - Who are cash out refinance and HELOCs more suited for?
06: 06 - Outro

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↘️ GET A MORTGAGE PRE-APPROVAL 🏠
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↘️ GET A REFINANCE QUOTE 💰🏠
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↘️ TRACK YOUR HOME’S EQUITY 24/7
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More information:

In this video, I talk about how you how to use your current home equity to buy either a second home or a vacation home. Or if you want to start building a portfolio of rental properties. Whether you want to do a long-term rental, get some passive income, or if you want to do something like Airbnb verbal or the short-term rental websites.

The first method where you can draw money from your equity is by doing a cash-out refinance. This is the easiest way to getting money from your equity. The second way where you can draw money from your equity is by doing a home equity line of credit or a home equity loan.

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