@imobeus1: I went to Chase bank that I had my heloc with and they said that the heloc couldn't be used that way. So I just stopped trying to use it. I tried it and paid someone for the information on how to do it and it has been 4 years after I asked for a refund,that i didnt get and the stupid guy still has the nerve to try to market other garbage to me. I had to tell him to go away. Im just saying be cautious.
@Delo9762 First of all, the BANkS are not going to help you. You can write checks from your HELOC.
The fact is the BANKS are keeping Americans poor and feeding themselves on our backs.
Think about this, on a 200,000 mortgage over 30 years on a 5 percent fixed rate, what are you really paying for this house? It is almost double, so who is winning?
If you think this is garbage, you were either too lazy to actually look at it or listened to your banker.
It makes NO SENSE to take tax deductible mortgage interest payments and convert them to non-deductible bank interest.
If you believe that your home will continue to increase in value, it might be better to have an interest only mortgage so that you can have a consistent Schedule A tax writeoff.
Don't do any strategies like this until you discuss it with a professional financial planner. You may wind up in a worse situations that where you began
This guy must be smoking crack. I can't believe people are dumb enough to fall for this but I am sure there is. If you want to get out of debt ignore this and watch Dave Ramsey's nine part series on YouTube.
Explain to me how in the world I have been able to pay off 60K of my mortgage following the Living Free and Clear system? an my house will BE paid in 1 1/2 years from today ???
I think you better do your home work and invite Mr Dave Ramsey to dare this system and prove us wrong.... PLEASE!!!!!!!!
You will eat your own words... see you later with NO mortgage for me ;-)
@imobeus1: I went to Chase bank that I had my heloc with and they said that the heloc couldn't be used that way. So I just stopped trying to use it. I tried it and paid someone for the information on how to do it and it has been 4 years after I asked for a refund,that i didnt get and the stupid guy still has the nerve to try to market other garbage to me. I had to tell him to go away. Im just saying be cautious.
Delo9762 1 year ago
@Delo9762 First of all, the BANkS are not going to help you. You can write checks from your HELOC.
The fact is the BANKS are keeping Americans poor and feeding themselves on our backs.
Think about this, on a 200,000 mortgage over 30 years on a 5 percent fixed rate, what are you really paying for this house? It is almost double, so who is winning?
If you think this is garbage, you were either too lazy to actually look at it or listened to your banker.
Tell me, how was that toaster? Was it worthit
FDIGUY828 1 year ago
That doesnt work in Texas, I already tried it a few years ago with a HELOC.
Delo9762 1 year ago
@Delo9762
Hello Delo9762, you used this program per se? B'cuz I interested in using it. Could you tell me why it didn't work in Texas? Thanks.
imobeus1 1 year ago
@imobeus1 Ask former President Bush.
This can work in any state. People in Texas have to be disciplined.
You can do it.
It is like giving up beef. You can do it.
FDIGUY828 1 year ago
But for this i will need a job n there are no jobs around!
beturass2008 3 years ago
what if u... I dunno.. call me crazy.. actually worked for some money? STOP SMOKING CRACK AND WATCHING THIS THINKING IT WORKS
Sviolinist 3 years ago
It makes NO SENSE to take tax deductible mortgage interest payments and convert them to non-deductible bank interest.
If you believe that your home will continue to increase in value, it might be better to have an interest only mortgage so that you can have a consistent Schedule A tax writeoff.
Don't do any strategies like this until you discuss it with a professional financial planner. You may wind up in a worse situations that where you began
retirewhys 4 years ago
This guy must be smoking crack. I can't believe people are dumb enough to fall for this but I am sure there is. If you want to get out of debt ignore this and watch Dave Ramsey's nine part series on YouTube.
refurbsystems 4 years ago
Explain to me how in the world I have been able to pay off 60K of my mortgage following the Living Free and Clear system? an my house will BE paid in 1 1/2 years from today ???
I think you better do your home work and invite Mr Dave Ramsey to dare this system and prove us wrong.... PLEASE!!!!!!!!
You will eat your own words... see you later with NO mortgage for me ;-)
fatimafan 3 years ago