BiggerPockets Real Estate Podcast - How to Use Your Home Equity to Retire Early

Episode #849 Have home equity? Well, you could retire early, thanks to it. If you bought a house from 2009 up until 2021, there’s a good chance you could be sitting on tens of thousands, hundreds of thousands, or millions of dollars in equity. But equity just sitting in a property isn’t doing much for you unless you can use it to retire early! Want to know how? Stick around; we’ll show you! We’re back on another Seeing Greene where average investor Rob Abasolo joins buff, strong, beautiful, and bald David Greene to answer your real estate investing questions. In today’s show, we talk to Anthony, a slow-and-steady investor who’s built up an impressive amount of equity over the past decade. He wants to retire early and use his equity to increase monthly cash flow. But what’s the best way to do it? Next, we share some public loathing of HOAs (homeowners associations) and how they can be the bane of your investing existence, plus when it’s time to sell a property in an HOA. Finally, an investor who is STRUGGLING to pay off her HELOC asks what the next best move to make is: work hard to pay it off the old-fashioned way or leverage ANOTHER investment to become debt-free faster. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Join BiggerPockets Pro and Start Investing for Financial Freedom TODAY: https://www.biggerpockets.com/membership-types?utm_source=owned_media ~~~~ Shop The BiggerPockets Store SALE and Get an Additional 10% Off with Code “BOOKS849”: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Grab David’s Newest Book, “Pillars of Wealth”: https://store.biggerpockets.com/products/pillars-of-wealth?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Ask David Your Question: https://biggerpockets.com/david ~~~~ Hear More from Expert Flipper James Dainard on The “On the Market” Podcast: https://link.chtbl.com/OTM ~~~~ Connect with Anthony: https://www.biggerpockets.com/users/anthonyi39?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Rob (Robuilt): Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto X/Twitter: https://www.twitter.com/robuiltchannel YouTube: https://www.youtube.com/c/Robuilt ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://link.chtbl.com/BPRE 00:00 Intro 02:13 Quick Tip 03:02 How to Use Home Equity to Retire Early 19:26 Where to Invest Your Cash 24:43 Connect with Anthony! 26:24 Questions From the Comment Section 34:09 HOA is Killing My Cash Flow! 48:01 My HELOC Turned Against Me! 58:13 Ask Us YOUR Question!