From time to time now you’ve heard Joe say the phrase “leverage instead of liquidate”. He’s not trying to be repetitive; it’s just something that he is a big believer in! In today’s market leveraging instead of liquidating is the best strategy (if possible) for most. How so? Listen in as Joe plays out several scenarios where leveraging assets flat out beats liquidating them. Scenarios include:
- Cross-collateralizing loans
- Leveraging departing equity for downpayment
- Gaining more income to qualify
- Why even leverage when downsizing??
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