226: Tapping That (Home Equity)

Homeowners have access to a record-breaking $35 trillion in home equity. With interest rates uncomfortably high, tapping into that wealth has become complicated. Traditional options like HELOCs and second mortgages are expensive, and new companies are pushing "Home Equity Investments" (HEIs)—deals that often seem too good to be true.On this episode, we break down all your options for accessing your home equity, from understanding the risks of HEIs to exploring the pros and cons of reverse mortgages, HELOCs, and traditional second mortgages. Learn how to unlock your home's cash without risking your financial future.