JustJustMeBro on Nostr: Congrats! If you own your house you can get a HELOC in the first lien position ...

Congrats! If you own your house you can get a HELOC in the first lien position (sometimes called an all in one loan) which will give you access to your home equity at very cheap simple interest rates! If you still have a mortgage you can even refinance it into one, but only if the math makes sense. You can totally live off of that HELOC for a very long time so long as you have enough cash flow to afford the minimum interest payments. I much prefer this setup to bitcoin backed loans or securities backed loans because the terms are so much better and safer -- no margin calls and the bank won't reappraise your house until you refinance! The most dangerous bitcoiners are the ones who understand how to take advantage of fiat with efficient leverage, cash flow, and arbitrage.