What is Home Equity?

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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 either directly or indirectly, using any of the information contained in this document. Also, Kris Krohn, this video, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. Homes and information about homes in this video (if any) are historical examples, where past performance does not predict future results. 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.

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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Mr. Krohn has a financial interest in MPI Insurance Services, LLC (MPI), a licensed insurance brokerage agency incorporated..

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Always spread your wisdom and make me up to date in real estae i will paetner with you when i become adult

crazymemes
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Hi Kris, I have a ? Why can't we borrow against what we owe, I thought that was the equity, so I appreciate you clearing up the equity knowledge. but I owe 195, 000. on the house. the house is valued at 370, 000. We could start a loan against what we owe not start a whole new loan, but when I saw the closing, taxes & fees. cash payout would be 41, 000. Is it because of credit, are they railroading me, or does that sound for real. thank you for being so helpful.

angelsrus
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Hi Kris, how do I know what house to buy?

SergioMartínezAlirangues-ri
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Can you get a HELOC on investment property???

thesmoothone
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Yeah, but how do you pay the mortgage on the rest of your properties?

mani
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hey kris, i majored in science side in my school and collage times, do the concepts of mortgages technique work in any country, and is the method of tax deductions in US the same in all countries or different from country to country.

usithapasandul