Quotations by Brighton Gbarazia
Lenders have done a terrific job when it comes to marketing of mortgage refinances, especially through the home equity line of credit (HELOC). One worthwhile purpose to a refinance is if you are using it to produce an income stream. Investors refinance their property to invest in the market, buy a business, or buy another investment property with an income stream. Investors understand that if they take out a loan on a home, they should use the proceeds to invest in something that can generate a higher return now and in the long run. If they cannot find such an investment, then they simply leave the equity in the home. [2022] - Brighton Gbarazia