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whatamp;#39;s going on guys this is chandler smith and one of the bigger questions that i get asked is hey is it worth it to use a heloc and so in this video iamp;#39;m first off going to explain what a heloc is iamp;#39;m going to talk about the pros and cons and then iamp;#39;m going to show you the situations i think you should use a heloc and the situations you most definitely should not so with all of that being said letamp;#39;s jump into it all right guys if youamp;#39;re new to the channel iamp;#39;ve been investing in real estate for the last nine years i currently own 162 units of residential real estate and over 160 storage units that puts me just north of 25 million dollars of real estate so throughout purchasing all these properties iamp;#39;ve had the opportunity to use a lot of different financing as a matter of fact iamp;#39;m over 10 million dollars in debt right now so i have a lot of debt and thatamp;#39;s okay because if youamp;#39;re using debt properly