Jon Grauman

Ooh, that's just a question of leverage. And that goes back to, again, your very technical term of BRRRR. I counted for all the Rs there. Where the whole principle in real estate investing is to, again, buy something, create value, add equity, increase your loan to value position, and then leverage that to go buy more. You could apply that same principle to a HELOC. I would just say, be careful.

You don't want to get in over your head. And most lenders won't allow you to do that anymore anyways, meaning that they keep the LTV requirements very low or rather very high on the HELOCs so that they don't allow you to be able to over leverage on them. But yes, borrowing against to go buy more, you know, I would say reward favors the bold.

You don't want to get in over your head. And most lenders won't allow you to do that anymore anyways, meaning that they keep the LTV requirements very low or rather very high on the HELOCs so that they don't allow you to be able to over leverage on them. But yes, borrowing against to go buy more, you know, I would say reward favors the bold.

You don't want to get in over your head. And most lenders won't allow you to do that anymore anyways, meaning that they keep the LTV requirements very low or rather very high on the HELOCs so that they don't allow you to be able to over leverage on them. But yes, borrowing against to go buy more, you know, I would say reward favors the bold.

Buy a foreclosed home?

Buy a foreclosed home?

Buy a foreclosed home?

These questions are so much more nuanced than truth or trend. First of all, to buy a foreclosed home, like either the court steps or at auction, you have to have cash. So unless you have a big pile of cash to use, if you need to get a mortgage, you're not buying that foreclosed home. You're not getting that, you know, that savings. You're not realizing that savings or discount.

These questions are so much more nuanced than truth or trend. First of all, to buy a foreclosed home, like either the court steps or at auction, you have to have cash. So unless you have a big pile of cash to use, if you need to get a mortgage, you're not buying that foreclosed home. You're not getting that, you know, that savings. You're not realizing that savings or discount.

These questions are so much more nuanced than truth or trend. First of all, to buy a foreclosed home, like either the court steps or at auction, you have to have cash. So unless you have a big pile of cash to use, if you need to get a mortgage, you're not buying that foreclosed home. You're not getting that, you know, that savings. You're not realizing that savings or discount.

What will happen is they'll try to sell it again, either like the court steps or at auction.

What will happen is they'll try to sell it again, either like the court steps or at auction.

What will happen is they'll try to sell it again, either like the court steps or at auction.

Well, I mean, not technically outside, but, you know, they'll try it like there will be a court date set, a sale date, and you can either buy it there or you can buy it at auction. And potentially you could realize a significant savings in doing so. You're buying it non-contingent. You have no opportunity to inspect the house, look under the hood, kick the tires. You're paying all cash.

Well, I mean, not technically outside, but, you know, they'll try it like there will be a court date set, a sale date, and you can either buy it there or you can buy it at auction. And potentially you could realize a significant savings in doing so. You're buying it non-contingent. You have no opportunity to inspect the house, look under the hood, kick the tires. You're paying all cash.

Well, I mean, not technically outside, but, you know, they'll try it like there will be a court date set, a sale date, and you can either buy it there or you can buy it at auction. And potentially you could realize a significant savings in doing so. You're buying it non-contingent. You have no opportunity to inspect the house, look under the hood, kick the tires. You're paying all cash.

Few people can play that game. If they're unable to sell it there, then they hire a broker and they try to sell it at whatever the market value is to try to recoup their, you know, whatever their losses are on it.

Few people can play that game. If they're unable to sell it there, then they hire a broker and they try to sell it at whatever the market value is to try to recoup their, you know, whatever their losses are on it.

Few people can play that game. If they're unable to sell it there, then they hire a broker and they try to sell it at whatever the market value is to try to recoup their, you know, whatever their losses are on it.

Yeah, that's true.