I have been helping people build wealth in real estate for the last 13 years and it always amazes me that so many investors have great and innovative ideas for acquiring new investment properties but have no strategic plan on how to pay off their mortgages. In truth, until the real estate investor finds an effective way to pay off their debt, they will probably never enjoy the fruits of their labor.
The biggest key in using real estate to build wealth is utilizing the power of using other people’s money to purchase income producing assets, however, the exit strategy has to evolve around a reduction or elimination of your debt. Investment properties that are debt free allow you to receive the cash flow which can serve as a income stream that could last for the rest of your life.
I have found a tool out there that seems to work very well to help guide you to the quickest route to paying off all your debt as well as give you a moment by moment snap shot the exact date you will be debt free.
A company called United First Financial out of Salt Lake City, Utah has designed an incredible program that I believe every investor needs to own and utilize on a regular basis. In most cases, It will show the real estate investor how to pay off their properties in half the time. You can obtain a free analysis of your personal situation by clicking on the link below and filling out the appropriate information. There are also two very interesting video’s on the following link. Take 10 minutes to watch and learn more about this phenominal program. I started the program myself two weeks ago and I am thrilled with the results.
I hope you take a hard look at this.
Rob Bonahoom
Mortgage Coach
4 responses so far ↓
1 Tom Humes // Dec 10, 2008 at 10:30 pm
Nice Site layout for your blog. I am looking forward to reading more from you.
Tom Humes
2 Real Estate Secret Info » Blog Archive » Payoff Your Mortgage Faster | Investment Mortgage Guy // Dec 10, 2008 at 11:49 pm
[...] unknown wrote an interesting post today onPayoff Your Mortgage Faster | Investment Mortgage GuyHere’s a quick excerptIn most cases, It will show the real estate investor how to pay off their properties in half the time. You can obtain a free analysis of your personal situation by clicking on the link below and filling out the appropriate information. … [...]
3 Real Estate Newbie Info » Blog Archive » Payoff Your Mortgage Faster | Investment Mortgage Guy // Dec 11, 2008 at 1:26 am
[...] unknown wrote an interesting post today onPayoff Your Mortgage Faster | Investment Mortgage GuyHere’s a quick excerptIn most cases, It will show the real estate investor how to pay off their properties in half the time. You can obtain a free analysis of your personal situation by clicking on the link below and filling out the appropriate information. … [...]
4 Minnesota First Time Home Buyers Programs // Dec 12, 2008 at 7:40 pm
Rob this is so true.
One thing I’ve also heard (from the Rich Dad, Poor Dad series) is that most average home owners think that their house is their biggest investment, but it’s actually their biggest debt/liability.
A home is only an investment if you treat it that way, and make the money you put into the house work to generate more money–in essence paying off the loan ahead of schedule like you talked about.
Good stuff as always. Thanks for the article!
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