So from buying it four and a half years ago, our value has gone up $200,000. Now we walked away with a HELOC of $223,000. That's Kelly, a stay-at-home mom-turned-estate investor who shares how she and her husband took out a HELC loan to buy their next rental property. You just gave me $223,000. I'm going to hit the MLS right now. In this episode, you'll learn the benefits of using a helock.

It's one more property that we could work on without having to partner or use any kind of lender.

We're our own lender on this one.

The unexpected challenges which sprung up with their new property.

And this is the worst house on the street.

And they just cut open walls and opened

doorways wider and then just left things unfinished. And then we went into the garage and there

was a chicken coop or so we thought. And how they were able to keep their remodel project, $4,300 under

budget. And just being scrappy shoppers. My husband's in there negotiating with lows for a

discount on appliances that are, you know, on clearance and haggling with people on Facebook

marketplace. And now we're going to dig into all of that and more.

All right. So Kelly, welcome back to the podcast and can't wait to dig in to a new rental property

you have. And we have the opportunity to talk all the time. You're kind of the secret, the magic

behind the YouTube channel. People don't know this. But Kelly makes our YouTube thumbnails,

all the social media stuff you see behind the scenes, a lot of communication. So just thank you

publicly for that, first of all, before we jump into this. Thank you. Love working with our team.

Have a great team. I want to dig into the details. I love the numbers of rental properties. And you did this deal with your husband Zique and you all refinanced and you pulled money out. You did a lot of cool stuff.

We're going to get into.

Maybe we're going to start with, tell us a little bit about your portfolio now,

where you are as a rental investor before we get into this deal.

Yeah.

So we started about three years ago. You know, I'm a stay-at-home mom. We have two girls with special needs. And I knew that going back to a W-2 job was not going to work for me. We were kind of a little bit at a crossroads because we love do-it-yourself projects and DIY and home improvement and we've always been into that for the last 15 years and funny enough, we invented a product and we're about to go down the patent road. And I was excited about the product, but I was really nervous about how much money it takes to get a patent and introduce a new product to the world and I knew it would be a lot of

...