Money Ripples Podcast

Is Velocity Banking with a HELOC a Scam?

Apr 24, 2024
Exploring the risks and benefits of Velocity Banking with a HELOC for real estate investments, cautioning against tying up funds in home equity and emphasizing the importance of prudent financial decisions. Analyzing the efficacy and potential dangers of using a HELOC to accelerate mortgage payments. Discussing the risks of relying on credit lines and providing cautionary advice on investing in tangible assets over speculative ventures.
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