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Unlocking the Wealth in Your Home | EP. 33

Unlocking the Wealth in Your Home | EP. 33

FromThe FasterFreedom Show: Change the Way You Think About Freedom


Unlocking the Wealth in Your Home | EP. 33

FromThe FasterFreedom Show: Change the Way You Think About Freedom

ratings:
Length:
37 minutes
Released:
Nov 9, 2022
Format:
Podcast episode

Description

Did you know that the average homeowner is sitting on over $175K equity? That's right. So what can you do with it? Tapping into your home’s equity can be beneficial in many ways. Home equity is a way to build personal wealth over time. So, you can access the cash needed to improve your financial situation or for whatever else you see fit. You can also use it to fund substantial expenses, and it's often a more cost-effective financing option than using credit cards or personal loans. But let's focus on using equity for wealth building. What can you do with your home equity? That's what Sam and Lucas are discussing in today's episode. So tune in and discover a couple of ways to use your house to get rich. “That $175K average, and obviously some people have more than this average, that can change people's lives. You can use that for so many things.”- Sam Primm  “If you're a real estate investor, I would use that money to fund your projects, whether it's your flips or building your rentals. That's exactly what I would do with it.”- Lucas Walls  In this Episode:-Why so much equity?-What is HELOC? What are its Pros and Cons?-What is Cash Out Refinance? What are its Pros and Cons?-Random Thought of the Day: What animal would win in a fight?And more!Resources:-Financing For Real Estate Investors, Simplified - https://www.fasterfreedomcapital.com/Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Released:
Nov 9, 2022
Format:
Podcast episode

Titles in the series (100)

It’s time to take control of your future and secure monthly cash flow. Not talking about your annual raise or getting a bigger bonus check, either. We’re talking substantial wealth that can transform your life and the generations that come after you using the power of real estate investing. If you have been plugging away at the same job for years and feel like you should be way further along by now, making substantially more money, You are not alone. So many people regret not taking action sooner, so they stick with the dead-end job and nothing ever changes. But the good news is it’s not too late, and by listening to Ordinary Guys, Extra Ordinary Wealth you’ll already be well on your way to financial freedom. Ordinary Guys, Extra Ordinary Wealth is going to teach you the exact methods that have helped hundreds of people go from making their first investment with no experience, to multi-millionaires with incredible portfolios that generate monthly passive income… and the best part, they did this without using any of their own money. Your hosts, Sam Primm and Lucas Walls started investing in real estate on the side, just like you. These two took their venture from side hustle to full-time job, and now own $40 million in rentals and counting (without using any of their own money). That has blossomed into an umbrella of industry-related companies that enhance and support their ventures. And really, they’re just a couple of normal millennial guys from the midwest! If you’re ready to take control and learn real estate investments the simple way, join the passive wealth club, grow a multimillion dollar portfolio, and even have fun doing it, Ordinary Guys, Extra Ordinary Wealth is a must-listen podcast. Follow the show now so you don’t miss a single episode.