How To Pay Off Your Mortgage In 5 Years (Proven System)

How To Pay Off Your Mortgage In 5 Years (Proven System). WHY YOU SHOULD PAY OFF YOUR MORTGAGE EARLY! Opposing Responses?

How To Pay Off Your Mortgage In 5 Years (Proven System) video duration 2 Minute(s) 59 Second(s), published by Jeff Leighton on 26 12 2018 - 16:33:42.

How To Pay Off Your Mortgage In 5 Years: https://amzn.to/2QTBZy0 In this video, I go over a book I just read called How To Pay Off
Your Mortgage in 5 years

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►►► How To Pay Off Your Mortgage In 5 Years: https://amzn.to/2QTBZy0

In this video, I go over a book I just read called How To Pay Off. Your Mortgage in 5 years.

Here are the main concepts and tips I learned from this amazing book on how to pay off your mortgage early.

1. The author has used this real estate investing strategy on numerous properties and continues to do so.

2. This strategy works best if you have good credit, a steady job, and a little bit of equity in your property.

3. The first step is to shop around for 3 local banks and find out their options and rates for home equity line of credit (HELOC). Local banks will be better for this than larger banks FYI.

4. Once you get a home equity line of credit for 20K or 50K or whatever amount, you will use that entire line of credit to put towards your mortgage principal in one large chunk.

5. Then you still have the HELOC to pay off so you direct deposit all your monthly income towards your home equity line of credit until its paid off.

6. Then you repeat the process by taking out another larger home equity line of credit and using that entire chunk to pay off your mortgage principal.

7. If you are diligent about this you should be able to pay off your mortgage in 5 years.

If you are looking to gain financial freedom then you should utilize this real estate investing strategy or at least try it out!

If you purchase anything through a link anywhere in this video or in the description or comments, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we may be paid in some way. We recommend that you do your own independent research before purchasing anything. Jeff Leighton is a licensed real estate broker in DC, VA, MD with Partners Real Estate at 145 Church St NW Ste 301, Vienna VA 22180.

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