Download PDF How To Pay Off Your Mortgage In Five Years: Slash your mortgage with a proven system the banks don't want you to know about (2018 Edition), by Clayton Morris Natali Morris
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How To Pay Off Your Mortgage In Five Years: Slash your mortgage with a proven system the banks don't want you to know about (2018 Edition), by Clayton Morris Natali Morris
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Product details
Series: Payoff Your Mortgage (Book 2)
Paperback: 106 pages
Publisher: Independently published (July 26, 2018)
Language: English
ISBN-10: 1717907342
ISBN-13: 978-1717907349
Product Dimensions:
5.5 x 0.3 x 8.5 inches
Shipping Weight: 3.2 ounces (View shipping rates and policies)
Average Customer Review:
4.2 out of 5 stars
82 customer reviews
Amazon Best Sellers Rank:
#50,265 in Books (See Top 100 in Books)
Highly recommend this book, my husband is in the military and we struggled for years on where to settle. Finally made a choice and then discovered the pressure of having a mortgage. As an avid listener to Clayton's podcast and a successful investor (thankful to be sticking by obvious people that share light and positivity). Read this book in a couple of hours and have already started this process. I am so thankful to have found this easy to follow book and be on our way to financial freedom. Thanks Clayton and Natali, as always you lead with knowledge and integrity.
It is very basic and introductory. There are some samples but is not complicates. I read the book in less than 2 hours.It has inspired me to get my mortgage paid off with some really good strategies to do so.
This book tells you to get a HELOC to pay off your mortgage and pay back the HELOC. Pay it back and Do it again, and again and again. don't need to write an entire book to explain this concept
What I like about this book is the straight forward, to the point writing style without all the jargon to fill the pages. The authors get straight to the topic of the book along with explanations and examples to allow the reader to see and gain understanding. I recommend this book to every working class home owner that don't have a clue as to how to cut down their mortgage and/or debt(s) in the quickest possible manner saving much money over time. I rated this book so high due to the visualization and understanding that allows me to see the benefit of these financial strategies. Highly recommended!!!
I like how you followed an example through the whole book. Very good strategies we will be using. When my bank figured the amount I could get a heloc for was different than how you calculated it in the book. Not sure if it was just my bank but, for example 280000 as new appraised amount and they multiplied that by .85 then they subtracted the amount still owed. Thank you for writing this book. In the near future we will be working with provision and their team to set up a wealth strategy and become financially free. Exciting things to come!
An extremely easy read in one sitting. This is because this is a very basic book taking a high level look at high risk alternative methods of paying your house off in an accelerated fashion. The two primary paths offered are using HELOC to jump start your payoff to eliminate your principal home loan, or borrowing from your retirement. The author then uses some examples which are not realistic by most measures. They use for example a household take home income of $10K per month with expenses of $8K with $2k to pay down the loan of $200K on a $300K home. The recommendation is to not pay the house off with $2K per month principle payments in addition to the regular month payment, but to get a HELOC so you will now have 2 lines of debt against your home that you are committed to making payments on. Come up short one month or have an emergency and you are screwed. Further more, if you have a $200K loan at today's rates you have a payment of less than $1K per month, so how the heck does some one have $7K in additional household expenses in their example. A more realistic number would be $3-4K in expenses per month, giving them $3-4K more to pay off their home in 5 years without additional risk incurred. Seriously thinking about returning this book.
I love the information and insight that Clayton and Natali share on their podcast, so I knew this book would deliver value! This book is a quick read full of practical and actionable information. I can't wait to put this strategy to work!
Wasn’t worth the price. Old techniques.
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