What was your mortgage situation prior to starting with Replace Your Mortgage?

I had 28.5 years left on my traditional mortgage and a balance of $272,000 when I started in November of 2017.

What is the current status of your HELOC and how many months did it take you to achieve it?

By July of this year, I was able to reduce my principal balance to approximately $80,000 ($192,000 in 8 months)

I sold my house and purchased a new home in July using the RYM strategy.I used TIAA to purchase this home with a first-position HELOC.

What was your biggest concern when deciding to join RYM?

"Too good to be true" was definitely in my mind until I ran the numbers for myself over and over and over again! It’s just math.

How has using the RYM strategy changed your life?

Definitely a life-changing experience. I have very clear financial goals and discovering and implementing this strategy has definitely been the catalyst for me.

We were able to purchase a home that I would’ve never considered prior to finding RYM. Life in Southern California can be extremely hectic, but finding the home we did was incredible. What’s better is I anticipate this home being paid off in 5-6 short years.

I wish I found this sooner. I plan on being semi-retired by the time I reach 42 years old, which is only 5 years away. Wouldn’t have been able to do it without RYM.

I will also be using this strategy to begin purchasing investment properties very soon, so I can generate enough passive income to replace my current salary.

What advice would you give to a homeowner considering trying the RYM strategy?

Run the numbers and be honest with yourself about whether or not you can commit to implementing the strategy as it was intended.

This is not a get-rich-quick or money-making scheme. This could be a life-changing opportunity for you and your family, but you have to make it work and remain disciplined.