Elliot Hallum, a Williamson county realtor, used to be the guy slaving away to pay off his mortgage (like most people) with dreams to own some investment properties; now he has access to cash for those promising real estate deals.
No, he didn’t win the lottery or increase his income, he simply learned how to better use his current assets to FIGHT INTEREST and pay off his principle more quickly.
Let’s take a look at what changed for Elliot:
The Big “Death Pledge” Problem:
Elliot Hallum used to be an average guy with a standard 30-year mortgage, working himself to the bone to pay it off.
Unfortunately, this debt that hundreds of millions of Americans have to incur was keeping Elliot from pursuing his true passion:
Elliot always had a knack for finding killer real estate deals...trouble was, he never had the liquidity to capitalize on them HIMSELF. He always had to pass the opportunity along to “the guys with the big bucks.”
This really bothered Elliot. He studied the numbers and knew his income wasn’t the problem...it was his MORTGAGE:
The reason banks say these are “the norm” is because they make a TON of money from mortgages...that’s why they push them so hard.
Luckily, Elliot decided to investigate other options...and that’s when he learned about Home Equity Lines Of Credit (HELOCs for short)
The Solution:
A HELOC is a less-well known type of financial product that allows you to utilize the full amount of your assets to FIGHT INTEREST and pay off larger chunks of your home’s principle QUICKLY.
It’s what the wealthy have been using for YEARS and the tool Elliot used to shorten his payoff period from 27 years.
So why haven’t you heard of them?
Because banks don’t make money from them. Banks are in the business of making money so they sell the most profitable product...which results in you paying nearly twice the value of your home.
They neglect to mention the products that are best for YOU, and that’s why we created Replace Your Mortgage.
In fact, here is a video of Elliot talking about the transition and his succes story.
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Who We Are:
Hi there, I’m Michael Lush and I’m a recovering mortgage broker who spent 15 years pushing standard mortgages.
I say “recovering” because three years ago I stumbled across HELOCs and, after going through the process myself, started teaching others like Elliot how to use HELOCs to pay off their homes in 5-7 years.
Since then, my partner David and I have helped over 525 people navigate the HELOC process and accelerate their payoff period.
How We Can Help:
Most people are skeptical when first hearing about us because "it's not what everyone else is doing."
Elliot was the same way and that’s why we told him to start small: We told him to get a copy of our FREE ebook to learn more about how the process works.
Once he saw that what we talk about is MATH, NOT MAGIC, he decided to make the leap.
Now he can use all of the money that would have gone towards interest payments on a standard mortgage to doing the things he really wants...like investing in HIS OWN REAL ESTATE DEALS:
“Right now, I'm maintaining a sizable amount of liquidity in the HELOC so that when a great opportunity arises I can pay cash and close quickly.
I'm not limited to properties that can get financing. That gives me an advantage over other investors.”
So if you're serious about finding a way to acquire more real estate investment deals (and not lining a bank's pockets by paying interest on your mortgage), subscribe below to get your free copy of our ebook.
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Congrats to Greg Michne and his wife Stacey who cut $25k off his mortgage in just 9 short months while still finding time to make maple syrup as a hobby.
Yeah, the dude makes his own maple syrup!
No, he didn’t win the lottery or increase his income, he simply learned how to better use his current assets to FIGHT INTEREST and pay off his principle more quickly.
But before I jump in on HOW Greg did this, let’s take a look at Greg’s background so you can see he isn’t some superhero or statistical anomaly.
Like many, Greg and his wife Stacey had a lot of student loan debt so the burden of more debt for a mortgage was a double whammy.
To make matters worse, the unending tunnel of payments made it all the more obvious that Greg would struggle to fulfill his dreams of investing in real estate.
His dreams weren’t to buy Ferraris or jetset around the world, he simply wanted to construct his own destiny and not owe anyone else money.
“My wife and I as a family we just want to be free and have a healthy financial future.”
But it wasn’t Greg and Stacey’s lifestyle that was preventing them from being financially free, it was their mortgage.
See, the standard mortgage most Americans utilize when buying a house are front-loaded with LOTS of interest.
The average mortgage has the majority of your payment going to interest until about year 18:
Banks push this product because “it’s what everyone does”…AND because it makes them a TON of money.
Greg was just another American who had signed his “death pledge” (the literal translation for the word ‘mortgage’) and would be paying off his home for the next 30 or so years.
But that’s when he learned about a Home Equity Line of Credit (HELOC for short).
A HELOC is a less-well known type of financial product that allows you to utilize the full amount of your assets to FIGHT INTEREST and pay off larger chunks of your home’s principle QUICKLY.
So rather than eating away at the principle little by little, you can make a major dent in your debt rapidly without having to make an additional cent of income.
HELOCs take the power of compounding out of the hands of the banks (who earn compound interest on your mortgage) and put it into YOUR hands in order to shorten your payoff period.
Greg and Stacey shortened their payoff period from 27 years to 58 months (just shy of 5 years)…and saved $285/month because they didn’t have to pay PMI.
Now they can use all of the money that would have gone towards interest payments on a standard mortgage to doing the things they really want…like investing in more real estate.
The key to YOU getting the same type of results is learning about the math and understanding what it takes to be successful utilizing a HELOC…and that’s EXACTLY why we created Replace Your Mortgage.
We were tired of seeing people like Greg & Stacey fall victims to the “Interest Heavy” jaws of the standard mortgage, so we created a business that teaches them how to successfully utilize a HELOC to move their debt-free date up years (if not decades).
So if you’d like to spend your money on things you actually care about (instead of loan interest), click on the link below to start educating yourself.
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