The Active Duty Passive Income Podcast

ADPI_215: HELOC vs Cash-Out Refinance With Spencer Thomas

October 11, 2021 Kevin Brenner
The Active Duty Passive Income Podcast
ADPI_215: HELOC vs Cash-Out Refinance With Spencer Thomas
Show Notes

On this week’s episode, Kevin interviews Army veteran, co-owner of ADPI, and leader of ADPI Financial Services, Spencer Thomas. Spencer discusses the hot topic of the factors that determine whether you should do a HELOC or Cash-out refinance on your properties. He also deep dives into making sure you have a beneficial exit strategy for your financial situation. If you’ve wondering about the differences and whether it’s a good idea to refinance, listen to this!

"Don’t be ashamed of not knowing. I get a lot of people that are very smart, but they’re shy to ask questions because they don’t want to feel dumb. But the best way to learn is to realize that you don’t know what you don’t know and ask questions.."

-Spencer Thomas

Here are 5 Key Takeaways from this episode:

  • HELOC vs Home Equity Loan
  • Why You Should Build a Relationship with your Lending Institution
  • Is a Cash-Out Refinance Right for You?
  • Pros & Cons of Cash-out Loan Products
  • Taking Your Full Financial Picture Into Consideration

Honorable Mentions & Useful Links

Connect with Spencer

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Helpful Resources

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Ready to TAKE ACTION and begin building your cash-flowing real estate empire? Don’t go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy 

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