Leverage your property to create wealth!

🔽Do you know how to 'leverage'?🔽
Follow @jleman47 for daily real estate tips.
What does "leverage property" mean? It's all about tapping into your property's equity without selling it.
For example, if you bought a property for $100K with $20K down and its value grew to $150K over 5 years, you now have $70K in equity.
By getting a loan for 80% of the new value ($120K), you can pay off the original loan and free up $40K-$50K in cash to invest in your next property.
Leverage lets you grow your portfolio while keeping your assets!
Comment ‘START’ if you want me to be your real estate mentor who will guide you to buying your next property.
Licensed realtor with eXp Realty
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NFL Veteran
250 Rental units under management
30 Flips over the past 3 years
A top-selling agent at EXP Realty
Free E-Book: The top 7 Mistakes people make when selling their home in Champaign County!
www.jleman.com....
A top 10% Recruiter to EXP Realty and Certified Mentor to New Agents
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Website:
jleman.com
Instagram: jleman47
j leman
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