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.

He has used this strategy to buy 7 houses that generate $7,000 a month in rental income.

Terry also shares his strategy of buying nice houses in good neighborhoods that are easy to manage.

We also talk about how Terry saves money on appliances and other upgrades he does to his properties.