Why EVERY Airbnb Host Should Open a HELOC TODAY!

3.5K viewsover 7 years ago4m 45sScore: 75

Richard Fertig

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Summary

Richard Fertig recommends opening a home equity line of credit (HELOC) as a safety net for unexpected expenses related to your property. He stresses the importance of opening the line of credit when you don't need it, as you are more likely to be approved at that time. He also cautions against using the line of credit unless absolutely necessary, to avoid interest costs and potential negative impacts on your credit score.