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TikTokgeorge.kamel
Navigating Home Equity and Crypto Investments
Discover expert advice on managing your home equity and crypto investments after Kate's experience. #RamseyShow #FinanceAdvice George Kamel(@george.kamel). original sound - George Kamel. Kate called into The Ramsey Show looking for advice after her husband took $250,000 in equity out of their home and put it into crypto.
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Home Equity Loan Explained
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Most homeowners spend decades building equity... But can't actually use it without: ❌ Refinancing ❌ Taking out a second mortgage ❌ Selling their home That's backwards. This client is using a First Lien HELOC to build something instead of just making payments. 🚗 Growing his Turo fleet 💰 Reusing his equity as he pays the balance down 🏦 Becoming his own source of financing Projected results: ✅ Debt-free in 4.2 years ✅ Over $571,778 in projected interest savings ✅ 30 years of access to his equity
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