Quote from @Chris Lane: Some of it may be the market you're looking at.

@Chris SeveneyI appreciate you, Chris!

Thanks,Chris

Quote from @Chris Seveney: @Joyce KimHELOC and home equity loan are not the sameEquity line of credit is a line of credit that let’s you withdraw up to specific amount and you can take less and pay interest on what you drawFor example if you had a $50k line of credit you may choose to use $20k of it and it is usually ten years where you can pay it off and draw moreA home equity loan is a second mortgage which is a fixed amount and paid off over a period of timeHELOC is better in my opinion but if you have no income it will be difficult to get approved even with the equity you haveCommon misconception people have is if you have equity you can just take it, that’s not the case the bank also wants to make sure you have the ability to repay it.Sorry, all the other posters are right. 

Thanks @Chris Seveney this brought some clarity to the documents I’ve been receiving lately. 

Quote from @Chris Seveney: Quote from @Kent Kettell: What types of funding structures have you found most effective for scaling your real estate portfolio?  

Chris congarts!

Quote from @Chris Seveney: What many fail to recognize is the media and their source of information continues to feed this fallacy (mostly because they charge you to be a part of the community) and it will not end well for many. 

Hi Chris, no feed back re this specific tool. 

Thanks for the nice words, Chris.