| Description |
1 online resource (288 pages) : illustrations |
| Bibliography |
Includes bibliographical references (page 281) and index. |
| Note |
Print version record. |
| Summary |
Most people leave money they could use to invest sitting in their house or commercial property in the form of equity. After you have purchased real estate and are making monthly payments, you are in the process of building equity. The opportunity to use the equity you have built up in your home is one of the benefits of homeownership. Most people will use this equity to draw out cash and purchase cars, boats, or other declining investments, but there are many other ways to use your equity. This brand new book will demonstrate how to use the equity in your home or business property for investment purposes. You will learn how to leverage your equity to start a business, invest in real estate, purchase stock portfolios, invest in high interest private mortgages, improve or renovate your current home, plan for retirement, buy another house, buy a rental property, save for education expenses, and many other lucrative investments. Equity in a home or business property, that is idly sitting there, does not make you money. Learn how to put it to use today. Use your equity to leverage and pursue your wealth building. & nbsp; This brand new, exhaustively researched book is the ultimate resource for novices and pros alike; it will guide you through every step of the process, with hundreds of innovative ideas that you can put into action right away. This book provides you with proven strategies and innovative ideas used by the experts everyday that you can easily do yourself. |
| Contents |
TABLE OF CONTENTS; FOREWORD; INTRODUCTION; How to Use the Book; CHAPTER 1: Everything You Need to Know about Equity; How Equity Builds; How to Accelerate the Equity Build in Your Property; Recent Changes in the Real Estate Market Affecting Equity; CHAPTER 2: Residential vs. Commercial Property Equity: Is There a Difference?; Differences in Residential and Commercial Financing; Investment vs. Commercial Properties; CHAPTER 3: Options for Tapping Your Equity; Home Equity Line of Credit (HELOC); Home Equity Loan; Cash-out Refinancing with Mortgages. |
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Determining the Financing Option Right for YouCHAPTER 4: Determining the Equity in Your Property; Residential Properties; Commercial Properties; Seasoning Requirement; CHAPTER 5: You Have Tapped the Equity -- Now What?; Measure Your Success; Measure Your Risk; Investment Options; Diversification; Get Ready, Get Set, Go; CHAPTER 6: Start a Business; Invest in Your Own Career; Start-up Costs; Buy a Franchise; Buy an Existing Business; Invest in Someone Else's Business; How to Use Your Equity to Pay for Costs; How Your Investment Pays Off; CHAPTER 7: Invest in Real Estate. |
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It is All About the Cash FlowUsing Equity Allows You to Leverage Your Money; Sources of Cash Flow; Finding Properties That Offer Cash Flow and Equity Build-up Benefits; The Pros and Cons of Each Type of Property; The Big Picture; Buying a New Primary Residence; CHAPTER 8: Private Mortgages; How it Works; Why Seller Financing or Private Mortgage Investment?; How a Private Mortgage Investment Provides a Return; CHAPTER 9: Home Improvements and Renovations; Profiting from HomeImprovements and Renovations; Using Equity for Improvements and Renovations; CHAPTER 10: Invest in Your Retirement. |
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How Much You NeedTypes of Plans; Allocating Money in Your Retirement Account; CHAPTER 11: Invest in Your Child's Future; Estimating College Expenses; Educational Fund Investment Options; CHAPTER 12: Paying Off Bad Debt; Debt Consolidation; CHAPTER 13: Invest in You and Your Family; Types of Insurance; Annuities; Universal Life Indexed Products; Using Equity for Insurance Policies; CHAPTER 14: The Other Investment Choices; Bonds; Stocks; Mutual Funds; Index Funds; How to Invest in a Portfolio; CONCLUSION; RESOURCES; GLOSSARY; BIBLIOGRAPHY; BIOGRAPHY: Kristie Lorette. |
| Local Note |
EBSCOhost Small Business Reference Center |
| Subject |
Real estate investment.
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Financial leverage.
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Home equity loans.
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Investments.
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BUSINESS & ECONOMICS -- General.
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Financial leverage. (OCoLC)fst00924716
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Home equity loans. (OCoLC)fst00959282
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Investments. (OCoLC)fst00978234
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Real estate investment. (OCoLC)fst01091018
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| Genre/Form |
Electronic books.
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| Other Form: |
Print version: Lorette, Kristie, 1975- How to use the equity in your home or business today to invest for tomorrow 9781601381392 (DLC) 2009047139 (OCoLC)156831632 |
| ISBN |
9781601386779 (electronic bk.) |
|
160138677X (electronic bk.) |
|
9781601381392 |
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1601381395 |
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