Manage episode 341600994 series 2680808
You may have heard that all debt is bad. Although not all debt is created equal. Debt can be used as a tool to create greater wealth. Of course, this is only true when used carefully and wisely.
One way that some investors have used debt to their advantage is to make use of a Home Equity Line of Credit (HELOC). It’s a line of credit that can be used to purchase new investments and make debt work for you.
In this episode, Dr. Kim will discuss how utilizing a HELOC might make sense for you.
Are you interested in learning more about investing in real estate? Consider joining Passive Real Estate Academy.