General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
NetWorth
Michael Bordenaro
comments
Comments by "NetWorth" (@networth00) on "Home Owners Making THIS HUGE MISTAKE RIGHT NOW" video.
What did you spend the money on when you took the HELOC? Sounds like it was supposed to be used as emergency only but you used it as a bank account.
6
Either moved to a cheaper area or keep renting in that area. Buying at the worst time wasn't the answer.
2
@freeball1 When the economy went into a recession in 2008 most banks closed all HELOC accounts. So much for an emergency account.
1
@freeball1 It's very odd the banks will give you a HELOC on any home that's not your primary residence. How many properties do you have HELOCs on and how easy was it to get those loans?
1