In this listener question episode you’ll hear if it’s better to get a home equity loan or refinancing a property. With the current marketplace of low rates and high speculation this is for sure a dicey topic.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/category/podcast
Special Listener Gift
- Free eBook: Financial Planning Has Failed
- Get a home equity loan or refinancing the property? – 1:38
- Kim explains the details of a home equity loan – 1:55
- Are you solving a long-term problem with a short-term solution? – 3:43
- Understanding mortgages – 4:48
- Borrowed money requires payments – 5:32
- What “liquidity” means in this case – 6:55
- Kim tells us the importance of thinking carefully- 11:50
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Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.