Ever tried to get the lowest rate on your mortgage only to still be stuck with a large mortgage debt?
As a Landlord, here is whatโs going on:
You are thinking the lowest rate will help you pay off your large mortgage debt
You are still using your rental income to pay your rental expenses
You are working as a solo Landlord and not leveraging the advice and strategy of professionals
Been there, done that and โฆ.
With the increase in mortgage rates, your dream of paying off this large primary home mortgage debt seems further away each day. ย
Instead of believing that lower rates will help you pay off your mortgage faster,ย
What you need to do is to leverage the power of your rental income instead
Because when you are a landlord trying to pay off your large mortgage debt ASAP,ย
Unless you are able to leverage your rental income more effectively and use your rental income to pay down your primary home mortgage, your large mortgage debt will only persistย
โฆ and when that happens, it will only be a matter of time before you have a mortgage PAST your retirement years while living on limited income.
That said,ย
โ Stop chasing rates
โ Start Cash Damming, a cash flow reallocation strategy used by the wealthy,
So you can watch your primary home mortgage melt away and approach retirement with confidence and attain Mortgage Freedom!
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