How to Get Equity Out Of Your Home - 4 WAYS! | What is Home Equity | What is Equity

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[abdellatifrouas]

Very helpful and knowledgeable thanks for the video!!!

[skoopqueen]

I didn’t achieve financial freedom until I turned 40. As a US citizen, I raised capital by taking out a home equity loan. The interest rate was much lower than other loans, which made it a smart choice. With patience and discipline, I reinvested my earnings and avoided impulsive decisions. This strategy helped me grow my wealth, eventually allowing me to buy a new home and a car. If you’re looking to raise capital and achieve financial freedom, consider this approach..

[chitramoontarot]

I bought my home for $557k and within one year it’s now worth $850k. I’m looking to take some equity out to buy a cottage.

[Raeontheway]

You explain things so clearly and get straight to the point. I sincerely appreciate that! This was super helpful.

[kreyolappliance]

One day I want to say Ms Hill help me get over the hill to my 1st home. The energy here feel like honesty and reliability, dependability.

[Da_Crow]

oh yeah, bought in july 2021, im up 140K in equity and summer 2022 is gonna raise me by another 50K - boom! pow! kapow!

[geanc]

Keep the home knowledge coming for us new homebuyers & those The Who are looking for their first home. It’s making a difference! Thank you! 🔥🔥🔥

[Xxstephenxx]

My parents paid off their home a couple of years ago. It needs complete remodeling but is on a great lot on a hill in a great neighborhood. It's worth 250k. If they put 100k into it, they could have a 300k home, but they just don't do anything, and I'm starting to worry. If they just took one summer and put the work in, they could have a beautiful home. I'm trying to get them to look into a HEL they can't afford to do much, so I need some tips they are both vets. My mom served 6 years, my dad, 7 or 8. I just want them to enjoy the time they have left but health problems have made it so hard.

[moenlightening]

I am currently saving for a down-payment to buy my first home. After watching your video on calculating DTI; I was going to email you and ask that you do a video about home equity. I am glad you posted this video on that topic, which is a God sent. I have been watching your videos for a while now, and have found them all very helpful. Be well, stay blessed.

[tracyc.]

Thank you so much! I thought everyone was really wealthy and just paying out of pocket. Had no idea about this kind of stuff. I have a lot of equity in my house and didn't even realize it. Who knew🤷🏾‍♀

[internet]

Hi great professional explanation
so one question Please...
1)We bought a home for 250, 000
2)We gave 80, 000 Down
3)We added upgrades to kitchen and 1 Bathroom (estimated
20, 000)
4)We now owe 170, 000 on Mortage
5)Zillow Today says our home is estimated for around 260, 000
6) ...Does that mean We now have approx
80, 000 - 90, 000
on Equity??
...and can most of those "80, 000" be used towards a new Down payment for a new home??

[DRW]

Hi Shaheedah, I enjoyed the video, and thank you for helping me with options. I've taken out loans and used my credit cards for a large backyard patio, landscaping and outdoor lighting, new floors, new cabinets, and countertops. I'm confident I have $75000 to $130000 equity in my home now, but my dti and credit rating took a hit. My current mortgage has a really low interest rate, so I'm not sure about refinancing, but I really need to consolidate debt.

[youngspecial]

Okay Sis. I like how you explained this because I'm seeking to take equity out of my house

[yourparentadvocate]

So glad we heard this my cousin was getting ready to make a mistake. Don’t need to loans!

[rubenhernandez]

Thx for this video! I bought a new house, it was 300, 000 and I put 100, 000 down and it was a model home that was worth 350, 000 and I wanna live in it for just a one yea than move to the next one

[sintellterry]

Elite communication skills. Thank you !

[rtothec]

Thanks for explaining. I’m kinda dumb and the way you explained even I could understand if.

[AlphaAchilles]

This was really helpful. Right now I have $187, 000 in equity in my home due to home appreciation and remodeling done to our home and wanted to do a cash out refi but wasn’t sure the difference in the options. Thank you!

[s.a.g.g.e]

I think you should mentioned it is all credit based

[thekirstenj]

This was very helpful as I am a new homeowner and never understood how this worked.