Nov
23
2018
by
Michael Lush
/
0
Comments

How David in Florida Bought Two Rental Properties for $1,950 / Month in Cash Flow

What was your mortgage situation prior to starting with Replace Your Mortgage?

We had a 30-year mortgage with a starting balance of $290,000.

When we started with RYM, we had been paying on the loan for 2.5 years and had a balance of $250,000.

What is the current status of your HELOC and how many months did it take you to achieve it?

We have been on the strategy for one year, and we have been able to acquire two rental properties that cash flow $1,950 a month.

What was your biggest concern when deciding to join RYM?

My biggest concern was having no "savings" account.

My research, combined with RYM education, allowed me to overcome that fear.

How has using the RYM strategy changed your life?

It has changed my outlook on getting out of the Rat Race. My goal is now to "retire" in 5 years.

What advice would you give to a homeowner considering trying the RYM strategy?

Think outside the box from what you have always been taught. Learn how money, interest rates, and time can work for you...instead you of working for them.

Michael Lush

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