you have to pay the money back faster, but it also means that you can build up equity twice as fast. The Dixons have always chosen 15-year loans.
HOLD, DON’T SELL
“The money comes with keeping the house and getting equity. The longer you keep it, the more money you can make,” says Daphne. “You can take out equity more than once, reinvest, and still have that house pay for itself.” She also points out that if you refinance rather than sell, you avoid paying capital gains.
The revised BLACK ENTERPRISE Wealth Building Kit is available free online at www.black enterprise.com or by mail by calling 1-877-WEALTHY.