Cashing in on the Home Equity Explosion #506

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it ...  Show more

Time for a Friday Flight- our little sampling of the week’s best financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to g ...  Show more

Your home equity could be the secret sauce to earlier retirement. With so many homeowners and rental property investors across the nation sitting on hundreds of thousands in home equity, one asks, “what if you used this trapped equity to build wealth?” And although most homeowner ...  Show more

Have home equity? Well, you could retire early, thanks to it. If you bought a house from 2009 up until 2021, there’s a good chance you could be sitting on tens of thousands, hundreds of thousands, or millions of dollars in equity. But equity just sitting in a property isn’t doing ...  Show more

If you know how to use your home equity, you can retire MUCH faster than most Americans. For the majority of homeowners, equity is just something to sit on, not something worth using. But what if you could convert your home equity into rental properties, cash flow, or even more a ...  Show more

As a homeowner, figuring out the best way to access your home equity can be a complicated process, full of complicated jargon, long processes, scary waits for appraisals, and potentially expensive hidden costs.  Here’s a look at the tradeoff between HELOCs and cash-out refinances ...  Show more