If you’ve heard whispers of a new line of credit that bests the traditional HELOC, then you’ll be excited to hear from Caeli Ridge of Ridge Lending. She’s only the second lender in the country to offer this product, and she dives down deep today explaining how it works when you might want to use one, and why it could replace your checking and savings accounts.
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Podcast
#022: You Have Equity –What Are Your Options?
Ron and Angela get real about what you should do now if you have substantial equity in a property. You must take action. Pay down mortgage(s), buy additional investment property or a new personal home. Just do something. If you do nothing, you lose the gift the market’s given you when the market goes down as it’s expected to, and you’ll wait years for it to come back.