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Curt Davis's profile image
Curt Davis's profile image
Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008

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5,032
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Curt Davis's profile image
Curt Davis's profile image
Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,576
Votes |
5,032
Posts
Real Estate Deal Analysis & Advice

Primary Home Pay Off To Increase Line Of Credit

Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Posted

So 9 months ago I set a goal to pay off my primary residence. $280k later I have accomplished this goal. I will now be able to increase my line of credit against my home to $600k which can be used to fund my own flips, make private loans, take down homes all cash, etc…. This will save me a lot in hard money lender fees and interest. I know some ppl do not believe in paying off homes but personally I dont think you can truly realize your true cash flow and REI until you do.

  • Curt Davis
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Curt Davis - KAIZEN Realty
5.0 stars
38 Reviews

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