5 ways to access your Home's Value without selling: Should you do it? 

In this video, I explore 5 different ways to access the equity in your home and discuss if it makes sense for you. Learn about home equity loans, HELOCs, cash-out refinancing, reverse mortgages, and Shared Equity Agreements. I explain how each option works, the pros and cons, and when it might be a smart move to tap into your home’s value. Join me to make informed decisions about using your home equity!
⏲️Time Codes:
0:00 Intro
0:50 Cashout Refinance
1:54 Home Equity Loan
3:26 Home Equity Line of Credit (HELOC)
6:16 Reverse Mortgage
8:00 Shared Equity Agreement
11:40 Don't Do It, reasons to leave your equity alone
17:47 When accessing your equity makes sense
21:33 The BRRRR strategy (the home equity wealth cheat code)
22:56 Help for your debt struggles & wrap up
🌟 About Me :
Former Submarine Officer/ Nuclear Operator turned into a Real Estate & Personal Finance Nerd. I was able to achieve millionaire status through real estate while continuing to work my 9 to 5 job. I want to help you achieve the same results. On my channel I try to give a realistic and honest prospective on building wealth through real estate and the stock market. I detail my greatest successes and failures on my journey and give actionable advice to help you on your financial journey. New videos released weekly.
🔗 Links:
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📌Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a RU-vid video for entertainment purposes ONLY. IF stocks or companies are mentioned, Terrell may have an ownership interest in them - Please do not make buying or selling decisions based on Terrell’s videos. If you need advice, please contact a qualified professional.