5 ways to access your Home's Value without selling: Should you do it?

In this video, I explore 5 different ways to access the equity in your home and discuss if it makes sense for you. Learn about home equity loans, HELOCs, cash-out refinancing, reverse mortgages, and Shared Equity Agreements. I explain how each option works, the pros and cons, and when it might be a smart move to tap into your home’s value. Join me to make informed decisions about using your home equity! ⏲️Time Codes: 0:00 Intro 0:50 Cashout Refinance 1:54 Home Equity Loan 3:26 Home Equity Line of Credit (HELOC) 6:16 Reverse Mortgage 8:00 Shared Equity Agreement 11:40 Don't Do It, reasons to leave your equity alone 17:47 When accessing your equity makes sense 21:33 The BRRRR strategy (the home equity wealth cheat code) 22:56 Help for your debt struggles & wrap up 🌟 About Me : Former Submarine Officer/ Nuclear Operator turned into a Real Estate & Personal Finance Nerd. I was able to achieve millionaire status through real estate while continuing to work my 9 to 5 job. I want to help you achieve the same results. On my channel I try to give a realistic and honest prospective on building wealth through real estate and the stock market. I detail my greatest successes and failures on my journey and give actionable advice to help you on your financial journey. New videos released weekly. 🔗 Links: Best home renovations to increase home value: https://www.zillow.com/learn/best-home-improvements-to-increase-value/ Approved Non Profit Debt Consolidation Agencies: https://www.justice.gov/ust/list-credit-counseling-agencies-approved-pursuant-11-usc-111 🛍️ Talk Higgins Merch: https://talk-higgins-merch.company.site/ 📧 Join my Email Newsletter for Free Insights directly to your Inbox: https://talkhiggins.ck.page/c530cca832 💵 Start your Airbnb journey using my link for free listing review and receive $40: https://www.airbnb.com/r/terrellh1006?s=6&t=061n1v 🌯Buy Me Chipotle https://talkhiggins.ck.page/products/buy-me-chipotle For business inquires please email at talkhiggins@gmail.com 📌Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Terrell may have an ownership interest in them – Please do not make buying or selling decisions based on Terrell’s videos. If you need advice, please contact a qualified professional.