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Ahh, your own private bank. Wouldn\u2019t it be great? Working, well, uh, banker\u2019s hours. Plenty of cash at hand when you\u2019re ready to begin investing. At Platinum Properties Investor Network, we\u2019d like to point out there is a private bank you can use for income property investing you might not have thought about.

It\u2019s called your home.

Yep, the structure you live in. You\u2019ve got equity in there, right? Our average customer comes to us with about $300,000 equity in their home but don\u2019t get discouraged if you don\u2019t have anywhere near that much. We\u2019ll show you how to start small and, before long, you\u2019ll be creating the kind of wealth with real estate you only dreamed about.

Here\u2019s how to calculate the amount of equity you have. Let\u2019s say you bought a house for $350,000 and you\u2019ve paid $175,000 on a $300,000 loan. A recent appraisal puts your home\u2019s worth at $500,000. To figure out how much equity you could take out, subtract the amount owed on the loan from the current appraised value like this:

$500,000 \u2013 $125,000 = $375,000

This is why we say \u201cRefi \u2018til ya die!\u201d You can cash out that $375,000 and use it to make down payments on several different income properties. Assuming you put 20% down, you could control investment properties worth $1.5 million. In case you aren\u2019t aware, inflation is reducing the real value of your equity as long as it sits in the house. Get it out! Put it to work.

Call one of our investment counselors if you have any questions at all. 714-820-4200.