How to Use Your Equity to Buy Another Home (Step-By-Step)

Are you thinking about buying another house using your home’s equity?
Whether it's a new primary residence, an investment property, or a multi-unit, this video will guide you through the process of leveraging your home equity for your next real estate purchase.
Don't miss out on these valuable insights! Watch until the end, and make sure to like, subscribe, and click the notification bell for more real estate tips.
If you have specific questions or want to apply for a home equity line, Justin and his team are here to help. Click the link below to book a call and start your journey toward smart financial decisions and real estate success.
calendly.com/justinlopatin/ho...
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#homeequity
#realestateinvesting
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Timestamps:
00:00 - Intro
00:35 - What is home equity?
01:00 - Example of home equity calculation
01:45 - Ways to build home equity
04:00 - Ways to Use home equity
07:45 - Downsides of borrowing too much money
8:30 - Example of using home equity to buy another home
10:00 - Outro
Thank you for watching!
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[@Kiki-uz3yk]

Can I take a home equity loan to paid off my current mortgage ?

[@MaryLawson874]

I'm in Michigan, and the housing market here over the past 7-8 years has been unprecedented. Houses that were purchased for $130K in 2015 are now going for $590K. These are tiny, poorly constructed 950-square-foot homes in quiet, mediocre neighborhoods. Meanwhile, nicer, average-sized homes in better neighborhoods that were over $300K a decade ago are now selling for $750K+. It's wild.

[@corymartini4658]

Beautifully articulated

[@celina831]

great advice ❤

[@breddy1904]

Bonnie