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

We had a traditional mortgage on our primary home, which we purchased for $395,000.

When we joined RYM, we owed about $316,000 on the primary mortgage on a 20-year note, and our only "asset" was the home, so we had $395,000 in assets.

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

In less than two years, we utilized the RYM strategy to acquire three additional properties, which we currently rent out for $3,725/month ($44,700 / year in revenue).

In addition to the cash-flow we've generated, our assets have increased from $395,000 to over $1,000,000 (currently $1,058,000).

What was your biggest concern when deciding to join RYM?

We were concerned about interest rates fluctuating dramatically, but we have found that the RYM strategy works so well that interest rate increases are not a concern.

How has using the RYM strategy changed your life?

Prior to RYM, paying the bills was a very stressful event for us as a couple.

Now, our time dedicated to financial management has become much less stressful as nearly everything is on "auto-pilot."

We also feel better about the future, as we now have assets that are bringing in cash-flow with monthly recurring revenue, as well as increasing in value.

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

You'll be amazed at the progress you can make financially if you ditch the traditional mortgage model. It favors banking institutions at the cost of keeping its borrowers shackled to debt.