How a Couple Used a HELOC to Start Buying Out of State Rental Properties

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🎙️ Episode 187 - Should you pay down debt or invest first? Marques and his wife paid down debt, but then they used a HELOC (home equity line of credit) against their home to jumpstart their out-of-state rental portfolio. Learn how they paid off over $100,000 of debt, why they chose to do that first, and how they've now transitioned to becoming successful out-of-state real estate investors.
📄 Show Notes:
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🎬 Topics Covered:
3:35 - Getting debt free
7:43 - Wealth building mindset books
15:10 - Paying off your home
17:22 - Magic of HELOC
22:00 - Picking locations
34:24 - Inspecting long distance
39:38 - Handling the HELOC
44:18 - Working with your spouse
53:37 - Key principles from mentors
58:04 - Final Advice
🔗 Marques on RUclips:
/ blackmarriedanddebtfree
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