Here's a simple way to earn an extra $24k a year, without lifting a finger.
#RealEstateInvesting #PassiveIncome #FinancialFreedom #SmartInvesting #HELOC #RentalIncome #PropertyInvestment #ADU #TravelMore #ExtraIncome
More evidence of how HELOC limits were withdrawn by banks during 2008.
Abe Simpson
Cash is king 👑
ATTENTION FLORIDA INVESTORS!
HELOC is back! You can now use a Home Equity Line of Credit to borrow against the equity in your investment property!
This incredible tool can help you build wealth and buy additional properties.
#HELOC #InvestmentHomes #Florida #WealthBuilding
Doug Hoyes RE/MAX Condos Plus Ben Rabidoux Ben is right. In 2009 in the US they did across the board lowering or cancelling of unused room.
If you want to be certain of having liquidity, draw down unused portion of line and - this is important - move the deposit to a different bank or investment firm.
Geoeconomic🇨🇦 Nope. Not an example of Canadian banks. I specifically asked about Canadian banks. Sorry try again!