Oddbean new post about | logout
 I mean "borrow to invest"

What is 1st lien / position HELOC? 
 Simualar to «rammelån» / «flexible credit». See my full note in another reply to your post. 
 jepp 
 home equity loan on credit/ variable rate in US/ usually a second mortgage but can be first if house paid off 
 Thanks for the clarification.

Borrowing to invest certainly falls into the Complicated and Intricate areas of #investing https://image.nostr.build/a95ff9757d434751ef216dea5a5126842efed1d2c533332772fda8f61c74d2fe.jpg  
 Re: HELOC what Rand said is mostly correct. However having the house fully paid is a not a requirement.

Michael Lush literally wrote a book about it

Replace Your Mortgage: How to Pay Off Your Home in 5-7 Years on Your Current Income https://a.co/d/3AneN7g

https://archive.replaceyourmortgage.com/

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