Spend or invest?

What a nerd

This is good stuff!

Can i get a heloc on a rental property?

I seriously need to hear more about this dude that didn't refinance. Lol

Or you got injured/ started a family

It sounds like you follow Dr Ben Hardy - great author

Good stuff!!

is this the punchline to a "just the tip" joke

Yup

That's a very good information

Excellent

Thanks

they will only cut rates to try to gain political points.. but the damage is done already

Well said! ❤

U r amazing sir

That Would Be Me Financially But My Hope Is Always In Christ JESUS Of Nazareth Holy And Blessed Name Amen 🙏 🙌 ❤️

What do they do?

Also I agree with setting up your own community, I got rid of Facebook a while ago and it would be nice to participate in some of these that don't require Facebook accounts

Lifetime supply of oreos

Thanks ill be watching more often now very good advice 👍

Me and my wife finished paying off our house with about 130ish at the time and dropped 22 years interest on the loan saving a ton , then went and had dinner at a nice place and topped it off with chilled champagne at home 🥂

Nah. All out of hope.

i'd recommend checking out the National Foundation for Credit Counseling for people struggling with debt, it's a non profit.

And it just adds to your liquidity and really doesn’t hurt your cash flow much if any right? And probably even increases your cash flow because you’re paying off a loan payment (and eliminating that debt payment so increasing cash flow) while satisfying the payment of the help while dumping you’re income on each month. You’ll owe interest charges but each month that will go down increasing cash flow?

The one with the most vaseline.

If your lender does not offer a sweep service, you can deposit into your savings to shield from pending debit charges from checking, and sweep on your own.

Positive comment. ;-)

Does not work in Europe?

Wish I knew a bank that offers these. I drive for Uber and I have a heloc with pen fed.

Can you get small short term helocs? Say to pay for air conditioning work and pay it off in 12 months, no interest, close and repeat as needed.

In other words they are con artists

you should also look at any monthly credit card interest you are paying or anything you want to buy and see how many working hours it would take you to pay for those things and then ask yourself if it's worth your time

LOL!! Best HELOC would be no HELOC, cut your spendings ppl is the best way to solve your financial woes.

So true! Well said.

But don't worry government is on the side of the people and wouldn't allow this. 😂

If you're big enough client, you can always have these Clauses removed from the contract. If you're an FHA borrower, then this Clause will not apply to you. For everyone else, always have reserves in the ability to refinance within those 90 days.

Thank you for the info. one more reason i plan to pay cash

Contracts are construed against the drafter as a matter of law.

And your point is...

Thumbs down 👎. The video is complete bs. I know. I wrote and helped write these banking contracts.

And this way you have laws to regulate what companies can do, must do and can put in contracts. Also any time term is ambigutious it should be legally interpreted in favour of the customer/consumer/individual person against the company.

So where should I look?

Unless you want anarcho capitalism which takes power out of politicians hands and puts it back into ours, this is the only system we have to work with. There's no way to get this system to work. The same way people say "socialism works it just hasn't been done correctly" or "limited government and the constitution works it just hasn't been done correctly".

What are the top 100 banks for a Heloc?

Great talk. Subscribed

It's better to have 4 quarters in your pocket than 100 pennies. -Al Capone

I've found it challenging to keep me and my wife in sync with our finances since getting married, even sharing credit and bank cards they don't let you share the same account information at least with the companies I've dealt with. I started using monarch to track everything and it's been a great way for me and my wife to share our goals, spending, and financial position

We utilized a HELOC prior in our lives and it was immensely helpful in putting on a roof and driveway.

Short answer: don’t ever get a HELOC