So you want to tap into your home's equity in order to build wealth.

Well, you've come to the right place because today we're deep diving the ultimate guide to leveraging your home equity.

Heck I've written a whole book on how to tap into your home equity in order to build wealth.

Now for many people part of the American dream is owning your own home.

Owning your own little piece of the world evokes a sense of pride for a lot of Americans.

Now I'm not here to debate whether this is right or wrong.

That's a topic for another video.

I've certainly have my feelings about that. But the simple fact is, if you own a home and you haven't considered leveraging your equity, then you're overlooking an incredible tool for building wealth. Utilizing home equity is one of my favorite

and really one of the most common strategies

to obtain the funds for a down payment

for a cash flowing asset.

I know this topic is one that many of you have questions about. If you

scroll through the questions and answer videos that I have here on the channel,

you'll notice that many of the questions are about the best ways to utilize equity.

That's why I wanted to create this video as an ultimate guide for you

to gain a better understanding of what equity is,

how to build it, how to access it, and much more. So if you're new here or you're new to real estate investing in general,

you might be wondering what exactly is equity. Well, let's dive into a simple definition.

It's the market value of the property minus the amount of money that is owed on the mortgage.

Now, there are a few key ways that you can build equity in any property, whether it's a primary residence, a rental property, or a vacation home.

Number one, make a larger down payment at purchase when you buy the property.

You can jumpstart your equity with a big down payment.

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