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Infinite Banking - Episode 454

The Prosperity Podcast

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Are You Using Home Equity and Lines of Credit to Pay Down Your Primary Mortgage?

The idea of using a home equity credit line for your primary mortgage as well as a lot of the money to somehow get your primary mortgage paid down faster. Long term, that's not going to go well. It's adding cost to your expenses. There are absolutely people that have survived by borrowing against their home equity line and credit to keep their business going. But let's not get confused with this idea that I agree sounds kind of cool but there's something not right about it.

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