Ask Marco: Investing Using Cash versus a HELOC (Line of Credit)
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 28 February 2024
⏱️ 13 minutes
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| 0:00.0 | Welcome to passive real estate investing, the show where busy people like you learn |
| 0:05.2 | how to build substantial passive income while creating wealth for the long term. |
| 0:09.2 | And now here's your host, Marco Santorelli. |
| 0:12.3 | Hello and welcome to another episode. Now here's your host Marco Santorelli. |
| 0:13.0 | Hello and welcome to another episode of Ask Marco |
| 0:15.8 | on the passive real estate investing show. |
| 0:18.4 | I'm your host, Marco Santorelli. |
| 0:20.5 | Thank you for joining me here today. |
| 0:22.2 | Another great question. |
| 0:24.0 | Someone wrote in and asked me about investing using cash |
| 0:28.0 | versus using a Heelock, which is a home equity line of credit |
| 0:32.0 | or just simply a line of credit against your home or property. |
| 0:36.0 | And the question came in from, well, it's actually two people by the looks of it, Jay and Julie working together here. |
| 0:42.0 | I'll just read their email real quick and then address it. |
| 0:46.5 | So they write and say, hi Marco, I love your podcast and actually bought my first property with Norrata. Well, thank you. Thank you for all of your information, |
| 0:55.9 | informative episodes, I can't get enough. I recently lost my dear mom who was a very smart and |
| 1:00.8 | savvy investor and my condolences go out to you. |
| 1:04.0 | I will soon be receiving a large inheritance of $650,000. |
| 1:08.0 | Additionally, my two siblings and I will be inheriting a Bay Area home |
| 1:12.0 | that is fully paid for worth at least a million dollars. |
| 1:15.6 | I've considered buying out my siblings for the home with the inheritance money, |
| 1:21.6 | which would leave me with a debt-free home to live in and at least $1 million |
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