What was your mortgage situation prior to starting with Replace Your Mortgage?
We had a 30-year mortgage with starting balance of $247,969.
When we joined RYM, we had $242,000 in remaining principal balance after paying our monthly payment for 1 year.
What is the current status of your HELOC and how many months did it take you to achieve it?
After 7 months, we have reduced our principal balance to $201,000.
What was your biggest concern when deciding to join RYM?
I was not sure if this would work, and it was hard to convince my wife to join this program. But now we are happy we joined this program.
How has using the RYM strategy changed your life?
I had a dream of starting real estate investing, but with a mortgage it was hard to do financially.
With the RYM program, we are planning to buy our first rental property before the year ends.
What advice would you give to a homeowner considering trying the RYM strategy?
You should join the program.