How To Pull Equity Out Of Your Home and Put It Into an Investment Property in 5 Steps

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If you owned a House before the pandemic you are probably up a lot of Equity. And you can use that to invest in more property. I'll show you 5 simple steps to start using your equity to build a better retirement for you and your family.

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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

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NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE

The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.

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I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million

annelie
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As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.

BraddPaisley
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I'm in my 50s and I'm more interested in investments that could set me up for retirement, I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

emilydonna
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What do you do if your house has equity but your income cannot allow you to access it because you are already at max with an existing loan?

brianmuuka
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I have learned a lot from you. Thank you for your wisdom.

BigRigsLongWeekend
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i agree with you! I always disagreed with Dave Ramsey, because then you ALSO loose your tax write off

michellezatizabal
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Kris Krohn's the real deal, but he never mentions the added bill you have to pay off the heloc.

susanaquino
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been workin on a heloc this past month, sheesh its so annoying when you already own many other properties....also the rates suck nowadays AND not a single bank will heloc an investment property :(

irainkoolaidTTV
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If you pay your house off you can still get a HELOC correct??

tinybug
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Can you do a quick video on Rate and Term Refinance. Please, sounds important.

fabiansolorzano
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You have no idea how much I regret not buying properties before COVID.

rene
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Can you pull equity from a property that is paid for. I own 4 acers and building a tiny house out of pocket. I’ll have a lot of equity in the house and property but can I even use it?

SterlingGroundworks
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what do you do with the leftover line of credit? in this videos you used at total of 40k on a line of credit as an example lets say you found an investment property that was 23k all in what woild you do with the leftover 17k? try to re invest the rest or do something else with it? or are we capable of putting that equity back into our original property obviously try to invest it but what if you are starting off and can only handle one investment property at a time?

Jesus-nhny
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I’d love some guidance on this. I have a lot of equity but not to sure how to use it so it makes me more money

visionlawncaresnowplowinc.
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Kris, when taking equity out, the risk is paying it back [home loan or heloc] or refinancing at a higher rate and paying the new mortgage. I have zero desire to refi my sub-3% rate; that leaves a home loan or heloc to buy an almost lease-ready property. In the 6% rate territory, how are you paying back the pick-your-loan-option? I like the home loan's steady rate, but it still comes down to using that new investment property's CashFlow to offset the loan. How? It doesn't seem possible.

adaptedperspective
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How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

ann-iehc
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We want an Undercover Billionaire episode with you!

monkmysterio
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How much does partnering with you cost?

markhope