Depends, it’s nothing new or magical. In fact, this strategy has been practiced for centuries by the elite. It's been done by 20+ million people worldwide for over 40+ million homes! Finally, Mortgage Loan Officers don’t offer HELOCs and most Bankers have never been taught to offer them in the way we teach it. If that weren't bad enough, HELOCs pay $0 in commissions to the banker that is used to $3K per mortgage closed. They are not compensated because HELOCs are not profitable like a mortgage. Guess where that commission comes from... YOU!