Get ready for what's coming in the housing market in 2023 | Morris Invest

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What to Do with the Equity in Rental Properties
I’m usually a proponent of utilizing your equity when possible, but of course this is going to depend on a few factors. Here are a few questions to ask yourself:

What are your goals?
What type of cash flow are you wanting to achieve?
How would an equity-based loan impact your credit score or debt-to-income ratio?
Where are you in the three stages of real estate investing?
If you would like to grow your portfolio further, I think tapping into that equity via home equity lines of credit can be a great strategy!

How to Learn More About Loan Forgiveness
This is going to depend on your loan type and your banker. I’d suggest meeting with your lender first to see if they can make any arrangements with you. You can also consider speaking with an attorney or a credit specialist. I would also recommend checking out these two episodes I recorded with Wayne the Credit Guy:

- Get Ready, Changes Are Coming to Your Credit Report http://bit.ly/3HEVIKA
- 3 Ways to Improve Your Credit Score http://bit.ly/2TEApP9

Ideas for Investing without a Steady Income
If you can’t prove a steady income, it could be difficult to attain traditional financing. In this specific scenario, I’d suggest scheduling a free call with my team to chat about your options. Non-recourse lending might be a viable route. Using money that’s sitting in a savings account can be a great way to increase your returns and monthly cash flow.
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Redacted with his wife, Natali, bringing you news you won’t hear on major networks.

Website- https://morrisinvest.com/
LinkedIn - https://www.linkedin.com/company/morr...
Twitter - https://twitter.com/Morris__Invest
Facebook - https://www.facebook.com/MorrisInvest
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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