Invest cash
Utilize your line of credit (LOC)
Leverage your equity
Why not put excess cash to work for you? How does a 1.5% monthly income return sound? That’s 18% per annum return. Or in other scenarios, you can double your money in 4 to 6 years.
You may want to utilize your line of credit (LOC), borrowing at low rates and profiting on the spread between the cost of borrowing the investment and the return of 15% to 18%, sometimes more.
If you have equity in the home you own, you have investment power. You can use the difference between what you owe and what your home is worth to raise cash. This effectively creates cash from the value of your home to invest where you choose. That’s leveraging your equity and creating profit.
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