Using the incredible strategy we’ll be discussing today, homeowners can pay down a 30-year mortgage in just five to eight years. Let’s find out how it works.
In continuing our mission to help you love where you live, today I’ll be discussing how to pay off your mortgage using home equity lines of credit (or HELOCs). This advanced real estate investing tactic can help you pay off your mortgage and accelerate your debt on any amortized loan in as little to five to eight years, especially in the case of 30-year loans.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
0:41 - A word about today’s sponsor: Twisted Cycle.
1:45 - An introduction to today’s topic.
2:01 - How amortized loans work.
3:16 - How to apply this strategy to your mortgage.
4:30 - An illustration of how this strategy looks when applied.
6:37- What you need to succeed by using this tactic.
7:38 - Why this tactic is so beneficial.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.