How does a HELOC work? Can you use one to start investing in real estate when you’re low on cash? And, if you do decide to go the rental property investing route, how do you ensure you’ll retire a millionaire? If these questions have been keeping you up at night, worry not; David and Rob’s real estate wisdom is about to make those early retirement and financial freedom dreams a reality.
Welcome back to another Seeing Greene. As always, your expert investor co-hosts, David Greene and Rob Abasolo, are here to answer any and every real estate investing question you have. First, we answer, “Is an ADU (accessory dwelling unit) EVER worth building?” With the sky-high construction and labor costs, do these tiny homes make more sense now than ever? Next, we’ll break down how a HELOC (home equity line of credit) works, then David and Rob explain how they’d invest $300K in TODAY’s market and counsel a landlord/broker on how to retire a millionaire with real estate.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!
David:
This is the BiggerPockets Podcast show 9 32. What’s going on everyone? This is David Greene, your host of the BiggerPockets podcast. Joined today by my partner in crime, Rob Abasolo in a Seeing Green episode. That’s right. If you’re not watching on YouTube, you’re not seeing the green lights. That’s why we’re telling you. We’re here to arm you with the information that you need to start building long-term wealth through real estate today. Rob and I have a great show for you. But before we get to that, Rob, how are you today?
Rob:
I’m doing well, man. I know this is going to sound cliche, but I had Chipotle right before this, and honestly, I feel alive, man….