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The housing market went crazy just after the pandemic, my home equity increased to over $100,000 in about one year. In this video we are going to look at how it happened and also what I can do with that equity, such as a cash out refinance or a Home Equity line of credit or HELOC.
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37 comments
I like that you are covering financial topics and branching out from credit cards.
Hi Credit Shifu
Love how you are not just the credit card guy anymore. You are much more valuable than that!
Haven't watched yet, but I'd like to think the greater home "value" is actually just decreased US dollar value making the house worth more dollars like everybody else.
Yo! Is this the new channel? Looks great! But you're still doing credit shifu right?
Same here for me. Wish I would have listened to MeetKevin sooner back when houses were still affordable. Instead of having just one house I could’ve had a few more by now
I'm no longer waiting for the GRANT LOAN because I earn $50,000 every 7 days recently
Sir what is the best way to make money
I’m not sure there are too many of us who haven’t seen our home’s value increase by $100k. The market is crazy!
Awesome valuable stuff here Ben! The first new video from the channel rebrand and very well explained 👍
Remodel it and re finance to get more equity
Would’ve been great if you merged the credit card stuff with the finance stuff as I really enjoy your presentation of credit card issues.
Its time for Ben to blow up!!!!
Awesome Ben!!
I need to know if I should get the freedom or the gold card 😆 where’s credit shin fu
My equity went up 250k in 2 years, here in Cali
Damn a 100k home ?!!!
Good info
FHA loans are a pain.
I had to pay for THREE FHA INSPECTIONS
– first one I knew I’d need a 2nd
– 2nd inspection failed due to an OUTLET COVER not installed
This was such a great and wholesome video to watch Shifu…I mean Ben 😉 😁
Really interesting information, won’t need it for a few years though XD
Pffft amateur. Here in California it is not uncommon to see $300k->$1million last year. Hell, people bid $1million OVER ASKING PRICE on listings.
Please make more videos like this
Wow for a debit card this is actually crazy! This is such a middle of the road product for people looking for rewards but aren't interested in credit. Although, as someone who is a huge proponent of credit/credit cards, it will be harder now to argue with those people who are totally against using credit cards! Also, the name "Cheese" is definitely a different choice for sure, especially for a debit card!
Make a credit shifu nft. Gotta make bank while the gullible are still buying digital beanie babies
Great job on the rebrand! This is great stuff 😀
I bought a four bedroom back in 2014 for 400k. Last year, I sold my home for 670k. I paid off all my debts and had a nice savings left over. Free at last, free at last, thank God almighty free at last!
“Hey financial warriors!” ain't too shabby
Valuations can also go in the opposite direction. Dont forget 2008, people lost their equity and mortgages were more than their valuation. Its important to have holding power…….
Any updates on the cabin ABNB project Ben? Would love to see a video on it!
Headline not click baity enough. Tons of people built more than 100k in equity last year totally by accident.
Also, happy you didn't say you could do a HELOC and invest it in crypto, 😂
We gained so much equity between our 3 homes its crazy!
Love the new content Ben! Keep it up!
Equity line of credit
It’s even crazier here in Florida. My house has went from $282K when we bought it to probably $400K. I say probably because we aren’t selling but others are in the area and they have sold at that
Do you still do the wallets?
how I built over 300k in two years… it's in SF, I existed. same issues with vet loans, 0 down, no one takes it.