Buying Rentals With A HELOC And Then Paying Them Off With Rents With Terry Roberts (Ep 370)

Terry took out a HELOC against his primary residence and he uses it to buy rental properties. He then uses the rental income to pay off the HELOC.<br /><br />He has used this strategy to buy 7 houses that generate $7,000 a month in rental income.<br /><br />Terry also shares his strategy of buying nice houses in good neighborhoods that are easy to manage.<br /><br />We also talk about how Terry saves money on appliances and other upgrades he does to his properties.