Episode #877
Got a HELOC? Don’t pay it off…yet! Thinking of house hacking but are discouraged by the low cash flow numbers you’re getting back? Looking to invest in a high property tax state like Texas but are scared to swallow that big expense? All of these topics, and many more, are coming up on this episode of Seeing Greene!
David is back to answer YOUR real estate investing questions with his partner in crime, Rob Abasolo. Today, these two investing experts are going to tackle topics like whether or not to buy a house hack that DOESN’T pay for itself, how to account for the HIGH property taxes in hot real estate markets, whether to keep a property you love or sell it for its huge home equity, how to NEVER work again and the fifteen vs. thirty-year mortgage debate, plus when you should NOT pay off your HELOC (home equity line of credit) early.
Want to ask David a question? If so, submit your question here ( so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!
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Show notes at:
00:00 Intro
00:44 Quick Tip
01:09 House Hacking WON'T Work!
04:49 Buy with HIGH Property Taxes?
09:13 Sell or Keep Property with Equity?
14:10 Comment Section Call-Out
16:57 Pay Off HELOC Early?
20:35 15 vs. 30 Year Mortgage
26:30 Send Us Your Question!
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By: BiggerPockets
Title: DON’T Pay Off Your HELOC Until You Watch This…
Sourced From: www.youtube.com/watch?v=1neo1GRgovM
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