Being one of the many people in the US who describe themselves as house rich and cash poor can be a great problem to have. On one hand your net worth is increasing, on the other it is in an illiquid asset that is not easily accessed, until now. Today Joe and Steve Hotovec discuss a new way of accessing your homes wealth without taking on debt. Specific topics include:
- Having a majority of your net worth tied up in equity
- The problem with forward mortgages, reverse mortgages and HELOC’s
- How equity sharing works
- What can you use the money for?
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408)-838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.
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