Don't Try On Your Own - RYM Will Teach The Strategy | EP 22 | RYU Podcast

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  • Опубликовано: 14 дек 2024

Комментарии • 8

  • @firefighter5602
    @firefighter5602 3 года назад +4

    Great info guys! I've been utilizing your strategy for just over a year now. My first HELOC payment was due in March of 2020 on a house that we had just finished building. We went straight from a construction loan to a HELOC in the first lein position because of the info I got from your web page, podcasts and facebook. We have paid down our HELOC by just over $90K in the first year. If things continue the same we will have our new house paid off in under 4 years! Just wanted to say thanks.

    • @ReplaceYourUniversity
      @ReplaceYourUniversity  3 года назад +1

      That is awesome! Thanks for being a part of our community.

    • @russkydeutsch
      @russkydeutsch 3 года назад +2

      I haven't watched the whole video yet, but. Definitely interested. A fellow army buddy told me about first position HELOC. In which he uses to pay off his mortgages (rental property owner) much faster. And uses the HELOC basically as his checking account (pays all kinds of bills, groceries, etc) However, it is a scary concept. Is that really how it works?

    • @08yannis
      @08yannis Год назад

      Please send me your phone number or email so I can get on your program. I'm ready to start

  • @Charles-hz9hx
    @Charles-hz9hx Год назад

    Do you payoff both interest and principal with a HELOC within a 10 year payout?

    • @ReplaceYourUniversity
      @ReplaceYourUniversity  Год назад +1

      IF the client wants to. Some folks like the cheap cost of debt and use it to buy other cash flow assets to increase their net worth.

    • @08yannis
      @08yannis Год назад

      Guys I'm not the most tech savvy person. How do I get in touch with you?

    • @keithcampbell1046
      @keithcampbell1046 Год назад

      wow can we more off topic ?
      🦌