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Updated 11 months ago,
Implementing Buy Borrow Die - need an expert on the "Borrow" part of the strategy
Hi, thank you for reading this
I have 3 rentals (none paid off, but significant equity in all 3) and very little in stocks. So, I am done with the "Buy" part. I am now trying to implement the Borrow part.
I don't know how to do this and want to consult with - and also pay to implement - this Borrow part. I have no prior knowledge or experience of this side and could not find credible sources online.
How does this borrowing part work? Would the rentals go into a revocable trust for ex? And the borrowing would occur on the behalf of the trust via a line of credit of some sort?
Thank you,
John