The Power Of Financing Rentals With A HELOC With Mike Sullivan (Ep 406)
Feb 14, 2023
25:31
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Mike's primary residence increased in value and he tapped into that equity to buy his first rental.
On this episode, Mike shares why used a HELOC vs a traditional mortgage. We also talk about the advantages and risks of a HELOC, and how he plans to recycle his equity to buy more rentals.
We also talk about the strategy that Mike used to have his tenants ask for a $200 rent increase.
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