Tapping Your Equity: Your Ticket Into Real Estate Investing (Methodology)

Foreclosure Deals Coach Podcast

Greetings, and welcome back!
Today, we're discussing a phenomenon that's become prevalent across the country; homeowners sitting on a TON of equity. If you've listened to the pod for awhile and are paying attention to the real estate market, you already know the price of homes has been on a rapid ascent for a while now. That isn't great news for new homebuyers, but people who already own a home have seen the value of their homes increase while they steadily pay down their mortgage. But for most people, "equity" is just another real estate term; it correlates to a dollar amount, but they don't really understand the importance of it. In order to add more context to the concept, let me ask you a question. If you could tap into the mounds of dollars you've accumulated by owning your home, what would you do with it? Would you pay down debt, make improvements to your home, or go splurge on that new Corvette you've been eyeing? Well, if you're a real estate investor with access to substantial capital from your home, you should be looking for a deal and jumping head first into your next project. Stay tuned as the guys break down the science of tapping into your equity, and make sure you're making the most of the financial shift we're currently experiencing.

Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
GoHighLevel
RentReporters
Here's a link to the article Donny discussed in today's episode:
A Third Of Homes Are "Equity Rich"

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