Wealthy Wellthy Wise | Millionaire Mindset Conversations With Counter-cultural Leaders. Grow Your Wealth Without Sacrificing

Have you ever heard of  Shared Equity? Well, neither had I until I talked with this week’s guest, Matthew Sullivan.     If you are like me,  you have a decent amount of home equity locked into your home with no easy way to access that cash that could be put to better use.    The traditional means to try to access the cash -- through a HELOC or Cash-out Refi -- comes with a lot of hassle (sending in all of your financials and the blood of your firstborn) to the mortgage bank. You have to qualify all over again just to get what’s yours out of an asset you own. And, it comes at the cost of adding more debt to your balance sheet along with a higher monthly payment.    What if I told you that you could access that equity without having to re-qualify and without having to take on more debt and respective debt payments?    This innovative way to tap into your equity is called a Home Equity Agreement. Instead of taking on debt, you share the future equity as a means to access your cash. Since it’s equity and not debt