Primary Home Pay Off To Increase Line Of Credit

[Curt Davis]

So 9 months ago I set a goal to pay off my primary residence. $280k later I have accomplished this goal. I will now be able to increase my line of credit against my home to $600k which can be used to fund my own flips, make private loans, take down homes all cash, etc…. This will save me a lot in hard money lender fees and interest. I know some ppl do not believe in paying off homes but personally I dont think you can truly realize your true cash flow and REI until you do.

[Eric Bilderback]

@Curt Davis

If you can pay 280k off in 9 months you can do whatever the hell you want.