What is a HELOC?

Pay Off Your Mortgage & Debt in 5 to 7 Years:    • How You Could Off Your Mortgage In 5-7 Yea...   Get Our FREE HELOC Calculator: In this video, we're covering something that we should have awhile ago... Let's talk about HELOCs! Home Equity Line of Credit. There is alot of misunderstanding of what a HELOC is so let's clarify what HELOC is, the Pros Vs. Cons, the application of it, where to get it and how to get it. We're going to discuss how to interest is applied to a HELOC versus your traditional mortgage (term loan) If the HELOC is used properly, it can certainly help you pay off your mortgage, car loan or even your student loan. In fact, this strategy doesn't require a HELOC exclusively. You can do it with a BLOC, PLOC, and even credit cards! The Kwak Brothers are millennial real estate investors who have acquired over 76 Units of Rental Units and have raised over $20,000,000 in capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping ordinary people become real estate investing champions and rockstars! They specialize in owner financing negotiations and multi-family rentals. JOIN OUR FREE FACEBOOK MASTERMIND GROUP:   / bestreigroup   #heloc #homeequity #helocstrategy GET SOCIAL WITH US: Facebook:   / thekwakbrothers   Instagram:   / thekwakbrothers   Hire the Kwak Brothers to Speak: info@thekwakbrothers.com --DISCLAIMER-- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.