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Show164: How we Doubled our Unsecured Line of Credit
Archived series ("Inactive feed" status)
When?
This feed was archived on April 01, 2021 11:29 (
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 255909952 series 1573747
Content provided by Emily Du Plessis: Real Estate Investor, Online Entrepreneur, Blogger, Emily Du Plessis: Real Estate Investor, and Online Entrepreneur. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Emily Du Plessis: Real Estate Investor, Online Entrepreneur, Blogger, Emily Du Plessis: Real Estate Investor, and Online Entrepreneur or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Lines of credit can be a great financial strategy when it comes to financing rental property.
Whether it be a HELOC, secured line of credit or unsecured line of credit it allow you some flexibility to acquire property.
What is an unsecured line of credit?
An unsecured line of credit is a revolving account that allows you to draw and repay based on your need for the money.
What’s great about an unsecured LOC is that you don’t have to put any personal funds or properties up as collateral for the access to the money.
This is the fundamental difference between a secured and unsecured line. For a secured LOC you must put up property or cash as collateral so that if you can’t pay the line back the bank may take your assets.
In this podcast episode we shared how we were able to take our secured line of credit to an unsecured line of credit…
…then we were able to get it increased by 50%.
Tune in to hear the strategy we used to reach this goal.H
Read More: The Ultimate Guide to Financing Rental Property
The post Show164: How we Doubled our Unsecured Line of Credit appeared first on Rental Rookie.
60 episodes
Share
Archived series ("Inactive feed" status)
When?
This feed was archived on April 01, 2021 11:29 (
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 255909952 series 1573747
Content provided by Emily Du Plessis: Real Estate Investor, Online Entrepreneur, Blogger, Emily Du Plessis: Real Estate Investor, and Online Entrepreneur. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Emily Du Plessis: Real Estate Investor, Online Entrepreneur, Blogger, Emily Du Plessis: Real Estate Investor, and Online Entrepreneur or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Lines of credit can be a great financial strategy when it comes to financing rental property.
Whether it be a HELOC, secured line of credit or unsecured line of credit it allow you some flexibility to acquire property.
What is an unsecured line of credit?
An unsecured line of credit is a revolving account that allows you to draw and repay based on your need for the money.
What’s great about an unsecured LOC is that you don’t have to put any personal funds or properties up as collateral for the access to the money.
This is the fundamental difference between a secured and unsecured line. For a secured LOC you must put up property or cash as collateral so that if you can’t pay the line back the bank may take your assets.
In this podcast episode we shared how we were able to take our secured line of credit to an unsecured line of credit…
…then we were able to get it increased by 50%.
Tune in to hear the strategy we used to reach this goal.H
Read More: The Ultimate Guide to Financing Rental Property
The post Show164: How we Doubled our Unsecured Line of Credit appeared first on Rental Rookie.
60 episodes
All episodes
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Similar to The Rental Rookie Podcast
We are the podcast network for SUCCESS Magazine. Our lineup of shows aims to feed those hungry to learn about maximizing their skills and their impact. Through a variety of different angles and lenses, we explore the tricks, lessons and experiences that will allow our audience to have the kind of continuous learning we all know is required to achieve great things.
…
continue reading
The #1 podcast for agents. We talk with Real Estate Agents who sell more than 50 Million dollars a year in volume and find out how they do it. We uncover their stories, secrets and tips & tricks. We bring on top producers, coaches and authors and do a deep dive
…
continue reading
Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars, it will show you how ...
…
continue reading
Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.
…
continue reading
In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
…
continue reading
A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon.
…
continue reading
Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
…
continue reading
Joshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.
…
continue reading
Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, rec ...
…
continue reading
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