91 episodios
Replace Your University RYU
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- Economía y empresa
This podcast is dedicated to helping homeowners pay off their home faster using a Home Equity Line of Credit and to pay way less mortgage interest than with the traditional 15 and 30 year mortgages they are sold. Sound too good to be true? Maybe. All we ask is you listen in as your podcast host Matt Workman talks with HELOC expert Michael Lush on the different aspects of how this strategy works and why the banks don’t want you to know about it. Each episode will share more details about using a HELOC as well as featured success stories from clients of Replace Your Mortgage. If you have a mortgage and you have looked at your principal not really lowering as fast as you would like, there is a reason for that. We cover how the debt cycle with mortgages keeps repeating itself and leaves the borrower paying double for their house and in debt until retirement age. If you want to pay off your biggest debt and be able to spend more time with your family, this podcast is for you.
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#91 - How to Buy Investment Properties When Your Bank Says NO
In today's video, Michael Lush discusses a financial product called the Debt Service Coverage Ratio (DSCR) loan, designed for individuals who already own a home and have done so for at least 12 months. The DSCR loan differs from conventional loans as it bases eligibility on the potential rental income of the investment property rather than the investor’s income. This makes it an attractive option for those whose tax returns may not traditionally qualify them for conventional loans. Michael outlines the requirements for obtaining a DSCR loan, including needing a down payment and maintaining a 25% margin above property expenses to qualify. This video is aimed at helping potential investors understand an alternative route to purchasing investment properties.
Teaching how you can pay your mortgage off in 5 years or less. Here's how. 👇🏼
https://bit.ly/3u0XXDA
To start building the life you want:
https://replaceyouruniversity.com/
Follow Replace Your University on Instagram:
https://www.instagram.com/the_realryu/
Join Us on Facebook:
https://www.facebook.com/ReplaceYourUniversity/
Check out more tips and strategies on our YouTube channel:
https://www.youtube.com/@ReplaceYourUniversity -
#90 - Do You Know Your Hourly Rate? Here's Why You Should.
Teaching how you can pay your mortgage off in 5 years or less. Here's how. 👇🏼
https://bit.ly/3u0XXDA
To start building the life you want: https://replaceyouruniversity.com/
Follow Replace Your University on Instagram: https://www.instagram.com/the_realryu/
Join Us on Facebook: https://www.facebook.com/ReplaceYourUniversity/
Check out more tips and strategies on our YouTube channel: https://www.youtube.com/@ReplaceYourUniversity
If you're salary, do you know your hourly rate? In this video, we dive into the practical exercise of calculating your hourly rate to understand what tasks are worthy of your time, a crucial tool for both employees and entrepreneurs. By understanding the value of your time, you can make informed decisions about when to delegate tasks to maximize efficiency and focus on what truly matters. Whether it's spending time with family or pursuing creative projects, recognizing the financial and personal benefits of delegation can transform how you manage your day and resources. Join us as we explore how valuing your time can lead to a more balanced and fulfilling life. -
(RECAST) - How to Resist Buyer's Temptation
(This episode originally aired in April of 2023)
In this episode of the Replace Your University Podcast, Michael Lush discusses the drawbacks of traditional mortgages and introduces a strategy to replace them with home equity lines of credit. He emphasizes the importance of budgeting, replacing mortgages, using HELOCs as operating accounts, and maintaining discipline to resist impulsive spending. Michael provides insights on leveraging HELOCs for investments like real estate to generate passive income. Tune in to learn how to optimize your finances and build wealth through strategic financial decisions.
To start building the life you want: https://replaceyouruniversity.com/
Follow Replace Your University on Instagram: https://www.instagram.com/the_realryu/
Join Us on Facebook: https://www.facebook.com/ReplaceYourUniversity/
Check out more tips and strategies on our YouTube channel: https://www.youtube.com/@ReplaceYourUniversity -
#89 - 7 Critical Questions Every HELOC User Should Answer
In this episode of the Replace University Podcast, host Michael Lush dives into the benefits of using Home Equity Lines of Credit (HELOCs) versus traditional mortgages, focusing on their flexibility and strategic advantages. He presents seven essential questions to consider for maximizing a HELOC's potential, including choosing the right interest rate index, employing offset accounting for interest savings, and leveraging HELOCs with other financial products for wealth creation. Lush also explains "rate stacking" for minimizing interest costs and the innovative use of HELOCs as a temporary income source during financial hardships. This episode serves as a guide for homeowners interested in using HELOCs wisely to achieve financial freedom and build a legacy.
Teaching how you can pay your mortgage off in 5 years or less. Here's how. 👇🏼
https://bit.ly/3u0XXDA
To start building the life you want: https://replaceyouruniversity.com/
Follow Replace Your University on Instagram: https://www.instagram.com/the_realryu/
Join Us on Facebook: https://www.facebook.com/ReplaceYourUniversity/
Check out more tips and strategies on our YouTube channel: https://www.youtube.com/@ReplaceYourUniversity -
#88 - Michael Lush and Derrick Minyard on Investing Smarter with Home Equity
In this episode of the Replace University podcast, Michael Lush is joined by Derek Minyard, who shares his enlightening experience with Home Equity Lines of Credit (HELOC), detailing how it revolutionized his financial strategy and real estate investments. Through Derek's journey, listeners learn about the advantages of HELOCs, including various rate options and the potential for significant returns through savvy banking and investment tactics. Additionally, Derek introduces his company, Fimi Collective, highlighting its mission to amplify impactful messages. This episode is packed with insights on leveraging equity for financial freedom, navigating the banking system for the best HELOC deals, and the power of strategic investment during economic fluctuations.
Teaching how you can pay your mortgage off in 5 years or less. Here's how. 👇🏼
https://bit.ly/3u0XXDA
To start building the life you want: https://replaceyouruniversity.com/
Follow Replace Your University on Instagram: https://www.instagram.com/the_realryu/
Join Us on Facebook: https://www.facebook.com/ReplaceYourUniversity/
Check out more tips and strategies on our YouTube channel: https://www.youtube.com/@ReplaceYourUniversity -
#87 - Bulletproof Your Finances with the 'Create Your Own Economy' Workshop
In this episode of the Replace Your University podcast host Michael Lush introduces the "Bulletproof Financial Blueprint," a transformative strategy designed to empower individuals to create their own economy. Detailing a five-night virtual workshop, Lush outlines a comprehensive plan that includes unlocking hidden capital through the "Buried Treasure Detection System," optimizing cash flow outside the conventional banking system, leveraging alternative debt structures with the "Debt Ninja System," and acquiring assets that generate income. Each session promises to reveal secrets to financial freedom, from finding cheap capital and maximizing cash flow to acquiring cash-generating assets and protecting financial gains. This episode is a call to action for those seeking to replace their mortgage, dollar, employer, retirement, and mindset with a robust, recession-proof financial foundation.
Teaching how you can pay your mortgage off in 5 years or less. Here's how. 👇🏼
https://bit.ly/3u0XXDA
To start building the life you want: https://replaceyouruniversity.com/
Follow Replace Your University on Instagram: https://www.instagram.com/the_realryu/
Join Us on Facebook: https://www.facebook.com/ReplaceYourUniversity/
Check out more tips and strategies on our YouTube channel: https://www.youtube.com/@ReplaceYourUniversity
Top podcasts en Economía y empresa
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