Crazy Sh*t In Real Estate With Leigh Brown

Is turning your house into an ATM a smart move, or a financial trap? In this episode, Leigh Brown and Aaron Chapman explore the risks and rewards of tapping into your home equity. They discuss essential updates in the mortgage industry that could reshape your financial strategy. Plus, don't miss the jaw-dropping story of a seller who used a home equity line to make house payments, highlighting the dangers of financial mismanagement. Tune in to find out how this risky move unfolded!     Key takeaways to listen for Why you need to exercise caution when dealing with home equity for investments or expenses How does Freddie Mac’s latest policies might impact your ability to leverage second mortgages? The importance of updating your homeowners' insurance Tips for staying ahead of inflation and market shifts in unpredictable markets Reasons resilience and long-term strategies can be your secret weapons in navigating financial challenges     Resources mentioned in this episode DuckDuckGo Fannie Mae Freddie Mac