HELOC
From CaseyPedia
HELOC is the abbreviation of home equity line of credit, a method of leveraging assets to create money out of nowhere.[1]
A HELOC provides a means for a homeowner to borrow against the accumulated or appreciated equity in their property. Serial sweet dealmaker Casey Serin preferred instead to extract equity "at the front end" by obtaining cash back at close.
[edit] References
- ↑ Home Equity Line Of Credit, Investopedia
