What was your mortgage situation prior to starting with Replace Your Mortgage?
We had a 30-year mortgage with a starting balance of $328,800.
When we joined joined RYM, we had $323,266 in remaining principal balance after paying our monthly payment for 12 months.
What is the current status of your HELOC and how many months did it take you to achieve it?
After 12 months, we have reduced our principal balance to $258,266 -- but have utilized the equity to purchase another rental property and handsomely fund our IBC policy.
What was your biggest concern when deciding to join RYM?
Going against the grain and everything I have ever been taught before. But, after speaking with our consultant, the light bulb went off and we never looked back.
How has using the RYM strategy changed your life?
RYM changed the way I think about money, and it has provided opportunities that I thought would only be possible much later in life or never at all.
What advice would you give to a homeowner considering trying the RYM strategy?
Do it as quickly as possible. and ask as many questions as you can.
Also, utilize the whole RYM community, since there are endless opportunities available with this strategy.