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

I had a 30-year conventional $391,000 original balance.

I was down to $330,000 and managed to appraise for $415,000.

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

After 6 months, we are below $300,000. Paid off all my debt, plus I’ve used my HELOC to purchase a second home and real estate rentals.

What was your biggest concern when deciding to join RYM?

I was most nervous about finding a bank that would fit our situation. We really needed to have 90% LTV.

But the appraisal came back higher than expected, so it all worked well. Also concerned about going “off the reservation” (being non-traditional). Looking back, it was silly. I’m glad to have persevered.

How has using the RYM strategy changed your life?

It has completely and totally changed my life.

We had so much debt and we were working hard to just make ends meet.

I was introduced to the idea of purchasing performing assets through the RYM group. That group alone has changed my life.

I’m now building my real estate empire and hope to be able to quit my W-2 job in 2-5 years (about the time my kids will be in little league baseball and softball). I’ll be able to spend so much time with my family and see the world.

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

No matter how nervous you are, watch the training videos. Take notes. If you don’t understand. watch again and consult the RYM folks.

Interview banks. Some will try to scare you. Narrow it down to which banks best fit your financial situation.

TAKE ACTION. Don’t stay on the sidelines. This really will change your life.

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