Julia the Opportunist
An absolute sucker for a naughty joke. Or a cheesy dad joke. Anything for a giggle. Met her wife at Zumba and they still go to classes 10 years later. Knows she’d win the Great British Baking Show given the chance… no soggy bottoms here. Used a HELOC (or, as Julia calls it, “She-loc”) to pull out her condo’s equity and buy a Shore rental. Retirement fund, sorted.
Your Real Estate Thrive = Investing
When we talk about thriving in real estate, what we’re really talking about is…the equity you’ve accrued in the property you own.
What is property equity?
Home equity is like a savings account, but it's your house that's doing the saving.
You can accrue equity in one of two ways:
1️⃣ You make mortgage payments, chipping away at what you owe.
2️⃣ Your home appreciates in value. South Jersey real estate is a bit of a rockstar these days, so you can expect a great amount of appreciation.
Using Your Equity To Relocate
Home equity can unlock a world of financial opportunity for you. Not only can you can tap into that equity if you need cash for home repairs or for buying your next home, but it can also open the door to investment opportunities.If you think owning an investment property (or properties) would be a great strategy for your financial future, your equity in your primary residence can really work in your favor. Whether it’s:
Using a HELOC to withdraw your equity...
...to purchase a rental property.
Moving house and using your equity to purchase your next home...
while keeping the initial home as a rental.
Or one of many other options!
…you might be surprised at how your current home’s equity can help you build your investment portfolio.
Want our How To Invest Using Your Equity guide?
Click the button below to get yours.
