In this podcast episode, you'll learn about HELOCs (home equity lines of credit) for real estate. HELOCs have good things like low fees and affordable interest rates. Also, if your home's value goes up, you can borrow money based on its new value.

With a HELOC, you can buy more real estate without selling what you already have. But be careful about changing interest rates and rules.

Overall, a HELOC is a great way to fund your first real estate investments, especially if you already own a home. The money you get can be used for renovations, down payments, and more.

Watch this video to learn all about HELOCs and how to use them. Check it out!

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0:00 Intro1:37 About D’Andre Clayton2:20 What is a HELOC?3:45 Difference Between a First and Second Lien Position HELOC on a House5:29 Why is a HELOC great for credit?7:46 What Type of Credit Score Should the Average Person Need to Get a HELOC?8:13 What Score is Needed on a Second Lien Position HELOC?8:59 Is it Better to Have a 1st Lien Position or Second Lien Position HELOC?12:36 What Other Opportunities Does a HELOC Present?15:28 Why It’s Important to Have a HELOC?18:30 What Would You Say to Someone on the Fence about this?21:45 What are HELOC Interest Rates Today?22:22 What if Your Scores are Lower with Today’s Interest Rates?24:25 Why Interest Rates Doesn’t Matter?30:34 What’s the Difference Between Amortized Interest and Simple Interest?35:12 How Does a HELOC Affect Taxes?40:10 What Are the Dangers of Using a HELOC?49:43 Best HELOC Methods53:13 HELOC Examples 1:03:55 Contact D’Andre Clayton1:05:23 Recommended Books1:09:56 Last Words