A home equity loan lets you access the equity you've built up in your home. He says that had he never bought his primary home, he may not have been able to buy rentals.
"If I never bought my primary residence, then I probably wouldn't have gotten the equity to invest in short term-rentals," said the 34-year-old, who isfueled by the pandemic:"If we never bought, we would have never had an increase in equity when the housing market went really crazy." lets you access the equity you've built up in your home.
Despite having recently bought in 2019, He happened to have a lot of equity because his home had appreciated significantly in value.
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