Why Aren't More People Using the HELOC Strategy to Replace Their Mortgage?

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In this video, Michael Lush wonders why more people aren't using the HELOC (Home Equity Line of Credit) strategy to replace traditional mortgages. Despite their potential benefits, he discusses the prevalent disbelief and skepticism surrounding alternative financing methods. Lush explains how HELOCs offer greater flexibility and liquidity than traditional mortgages and emphasizes the importance of critical thinking and independent research. He challenges listeners to investigate the HELOC strategy, providing free educational resources and encouraging an open-minded approach to personal finance.

[@kenvicknair4880]

I did what you suggested in 2017. Your company had ebook that I devoured. After convincing myself that this would work, I got a HELOC. The loan balance just melted away. In my mind if I went too strong with my payments I knew I had instant liquidity. I’m happy to say that it took me a little over 6 years to eliminate my debt. Since then, I’ve used it for a life event. That balance is now rapidly being reduced. This method unequivocally works!

[@ReplaceYourUniversity]

Thank you so much for this testimonial. We really appreciate your encouraging words. Thanks for sticking with us!

[@Michaelhdzz]

First time watching your channel. Definitely gonna stick around and see what else you got man. Good vid!!!

[@ReplaceYourUniversity]

Welcome aboard! We're glad to have you here.

[@bobbystreateriii3333]

Thank you from Tallahassee, Florida. TRUTH!

[@ReplaceYourUniversity]

You're welcome. Thanks for watching!

[@christapovec]

I am all about this method, living in Texas with their governing rules about HELOC makes it very challenging

[@ReplaceYourUniversity]

The only real difference in Texas that matters is they cap the LTV at 80% where other states can go to 90% or even 100%.

[@josuemondragon6639]

I spoke to my mortgage lender and they said it is not possible.

[@ObscureManifesto]

Can't do this in Texas unfortunately.

[@ReplaceYourUniversity]

We have 100's of clients in Texas.