November 25, 2008

Equity Cycling Explained

EquityCycling.com was upgraded overnight in preparation for a major new software installation in a few days.

Equity cycling is the technique I used to cancel nearly $70,000 mortgage interest in only two years - not counting my regular payments. I've continued to use the technique since then and teach it to hundreds of others.

Equity cycling is simply using your home equity in a revolving manner to…

  1. hold on to your monthly income longer
  2. move chunks of money where they're most advantageous to you
  3. take advantage of the velocity of money by applying larger amounts of cash to your mortgage principal or other debts
  4. maintain liquidity so you have access to instant cash for emergencies

Cycling equity can also be used to quickly pay down any type of interest-bearing debt. Any time you avoid interest payments, you're saving money. Benjamin Franklin said, "A penny saved is a penny earned." What about "a penny not spent"? Sounds like 2¢ to me!

Debt-free persons are able to use equity cycling to advance their investments.

If Equity Cycling is new to you, look into it. Better yet, attend one of our upcoming webinars to learn how to use equity for a debt-free lifestyle - the basis of building wealth.

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