176. “Throwback!” HELOC Obstacle Many People Don’t Know About… w/ Kyle

In this week’s solo episode of the KCREatingwealth Podcast, I share a quick tip from an experience that happened to me very recently. As many of us real estate investors do, I leveraged a HELOC for a passive investment with an investor that I was very close with. Everything worked absolutely great and I am getting distributions monthly as we agreed on, but I was surprised to discover that there is something else to be very careful of when using these forms of leverage to invest… ***Fill out our investor application below for us to learn how to collaborate on deals together in the future!*** ⁠https://tinyurl.com/5969549n⁠ ***Join our “KCREatingwealth Together” Facebook group to collaborate with tons of likeminded investors from all over and help each other change our lives for generations!*** ⁠https://tinyurl.com/ycerv4ra⁠ Follow me on social! Instagram: @Kyle.kcreatingwealth, @KCREatingwealth Facebook: @Kyle Curtin Linkedin: Kyle Curtin Biggerpockets: Kyle Curtin What equipment do I use? Blue Yeti USB Microphone: https://tinyurl.com/5n966aty DISCLAIMER: I or any guests being interviewed on “The KCREatingwealth Podcast” are not responsible for any investment decisions that you make or capital losses incurred. We are not licensed tax professionals or any form of wealth advisors unless particular guest happens to be as such, and all investment decisions should not be made without receiving advice from a licensed professional.