How To Pay Off Your Mortgage FAST | Certified Credit Counselor Explains скачать в хорошем качестве

How To Pay Off Your Mortgage FAST | Certified Credit Counselor Explains

How to pay off your mortgage fast without making an extra payment or cutting down your expenses! This is the LATEST version of how I show you, paying off your mortgage, we always are improving our method of paying off mortgages early and in today's video, I will show you our most up-to-date strategy! Ever wonder how you may be able to pay off your mortgage less than the designated terms of the mortgage (typically 30 years)? Well, depending on your situation, you may be able to pay it off if your serious within 5-8 years without sending double payments to the bank, changing your current level of income, or refinancing? If you want to learn how to pay off your mortgage fast or earlier, I am going to show you a strategy in how you can use a different method/instrument to pay off your mortgage quicker! This strategy is called the "Accelerated Banking" Strategy. This strategy has many other names such as "Accelerated Payoff", "Mortgage Acceleration", "Accelerated Debt Reduction", "HELOC Strategy", and more! Download Our FREE HELOC Calculator: Visit https://acceleratedbanking.com 0:09: Introduction to Sam Kwak 0:51: What's wrong with your current mortgage 1:11: Mortgage amortization graph 3:10: The 5-7 year refinance trap 4:43: The main cause of people not being able to pay off mortgage 5:05: Introduce the HELOC 5:39: Mortgage VS HELOC 7:56: The strategy that I LOVE for paying off your mortgage FAST 13:15: Second Lien HELOC strategy 13:47: Accelerated Banking calculator link 📧 Get Our 1:1 Real Estate Investing Coaching and Mentoring: https://thekwakbrothers.com/thekwakbr... ⌨️ FREE 7 Day Trial To PropStream Real Estate Investing Software: http://reisoftware.thekwakbrothers.com 💻 JOIN OUR FREE FACEBOOK GROUP FOR LANDLORDS & PASSIVE INCOME:   / bestreigroup   📡 PROTECT YOUR ONLINE DATA AND ACTIVITY WHILE CLOSING DEALS AND GENERATING NEW LEADS WITH NORDVPN: https://go.nordvpn.net/aff_c?offer_id... 🔊 Our Podcast Channels: 📻First Deal Experience: 🔹Spotify: https://open.spotify.com/show/7pnHJSN... 🔹iTunes: https://podcasts.apple.com/us/podcast... 📻Landlording Automated: 🔹Spotify: https://open.spotify.com/show/1LTAeRg... 🔹iTunes: https://podcasts.apple.com/us/podcast... GET SOCIAL WITH US: 📣Facebook:   / thekwakbrothers   📣Instagram:   / thekwakbrothers   #mortgagepayoff #payingoffmortgage #mortgage When it comes to paying off your mortgage faster, We first need to understand how mortgages work. In this strategy, we are using a Home Equity Line of Credit (HELOC) as a leverage to pay off the mortgage quicker and still maintaining our income and expenses as how they are. You can also use other instruments such as Business Line of Credit, Personal Line of Credit, or Credit Cards for the purpose of this strategy. The beautiful thing about this strategy is that it allows us to take an inefficient debt and convert it over to a much efficient debt. So yes, you CAN use a HELOC to pay off your mortgage faster if you use it the smart way. The emphasis on this strategy is mainly on cash flow and principal balance reduction. The adage strategy of taking the hard-earned money you earn and paying extra toward the principle is an old school strategy. While it works, the Accelerated Banking Strategy is a much more efficient way of paying off an amortized debt because it takes advantage of the maximum income utilization. This strategy will also work on Student loans, car loans, personal loans, and so forth! Don't let the banks trick you with their amortized products!!! Paying Off Your Mortgage Faster could mean that you can retire faster, invest more, or just create the time freedom to spend your precious time with your family. While there are arguments as to why you shouldn't pay off your mortgage faster, I ultimately believe it's up to the persons' overall financial goals and what they want to achieve. I encourage all homeowners to use this strategy to pay off the mortgage faster so you can enjoy more freedom and build personal wealth. ======================== --DISCLAIMER-- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.