Stop Robbing Your Future with a HELOC
Summary
This video warns short-term rental (STR) investors about the dangers of using high-interest Home Equity Lines of Credit (HELOCs) to fund property acquisitions in the current market. Hosts are advised to avoid leveraging their primary residences unless they have significant cash reserves and a defined payback period. The discussion emphasizes that scaling to 'more units' shouldn't come at the cost of personal financial security or the failure to account for rising interest rates in proformas.
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Curated by Learn STR by GoStudioM