Using Home Equity for Rental Real Estate

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Real Estate, Business, Education, Self-improvement, Investing, Money

4.6 • 858 Ratings

🗓️ 5 January 2022

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of DIY Money, Quint and Daniel discuss using a HELOC to fund a down payment for a rental property.

Transcript

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0:00.0	Hey, this is Daniel. Thanks for listening to DIY Money. If you haven't already, be sure to give us a five-star review on iTunes so your friends know that they can learn from the show. Also, follow us everywhere on social at DIY Money Podcast. If you haven't already, be sure to check out the video on YouTube. We've got some awesome bonus content there.
0:22.4	Now, enjoy the show.
0:29.1	Welcome back, ladies and gentlemen, you're listening to another edition of DIY money.
0:35.1	2020.
0:36.4	It has arrived.
0:38.7	Yes.
0:38.9	2020.
0:40.6	How about that?
0:41.6	How about that?
0:42.4	Do you remember watching movies when you were a kid and it's like,
0:45.3	In the Future, 2022 or 2020 or whatever?
0:49.6	We're like, you know, flying around on saucers and where did they go and back to the future?
0:56.4	Didn't they go, what was it, 20, 20 something, 2020 or something?
1:00.4	They didn't go, they didn't go too far.
1:02.0	20, 20, 20.
1:03.2	Next Saturday nights, we're sending you back to the future.
1:07.7	It wasn't, I mean, it wasn't far.
1:09.7	It was like, you know, I love the memes.
1:11.4	Like, when he comes back, he's like, I was at 2020. Don't go there.
1:14.7	I had to have been before 2020, because otherwise they would have mentioned, we would have known it was coming.
1:19.6	I mean, 22, how do you, I mean, knock on wood, I probably shouldn't even say this, but I mean. Is it the number two or is it 2020? Well, it's number two also. But, but how do you go, we can only go up from here. Not the
1:34.9	market. I'm talking about like the number of years, yes. Society. Like the, nah, not even society. Just
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.