How to Use a HELOC to Build Wealth | Morris Invest

How to Use a HELOC to Build Wealth | Morris Invest

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Yibing has a HELOC and is considering buying a rental property outright. Is there a better way to utilize a HELOC to build wealth?

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The Best Way to Utilize a HELOC to Grow Your Portfolio
If you’re going by the principle of the three stages of real estate investing, then I’d suggest using your equity to put down payments on multiple rental properties. This allows you to accumulate more properties, keep more of your cash in your pocket, and use the bank’s money to build wealth. Of course, don’t over leverage yourself and be smart about your risk tolerance. In general, at this point in time I think it’s smart to leverage.

The Three Stages of Real Estate Investing: https://bit.ly/3ud8RnL

The History of Interest Rates: https://bit.ly/3lBYYui
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Morning Invest with his wife, Natali, bringing you news you won’t hear on major networks.

Website- https://morrisinvest.com/
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Twitter - https://twitter.com/claytonmorris
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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