My Guest on the Show…
Jordan Goodman is a rockstar. You may have heard of him as America’s Money Answers Man and seen him as a regular CNN, Fox Business and radio segments across the country.
Jordan is referred to as the answers man because of his expertise on all things money, but I wanted him to come on the show for one reason and one reason only: The Equity Optimization Strategy
Jordan walks us through step-by-step how to pay down your 30-year mortgage in as little as 5-7 years using a HELOC.
Now, I am sure you’re waving red flags, and you definitely should be. I was too.
Therefore, I made sure Jordan broke it down step-by-step and I even had to ask him to explain it three different ways so we can all fully understand this strategy.
Are you enjoying the podcast?
If you do, would you be willing to leave a review for the show here? The more reviews the podcast receives, the more people will learn about it!
The Money Peach Podcast is brought to you by my #1 online program for showing you how to budget, how much to save, how to manage your debt payoff, when to save for retirement, what to teach your kids about money, and how to build a legacy to last beyond your lifetime.
If you find yourself continuing to live paycheck-to-paycheck and wondering where all the money went at the end of the month, it’s time to finally make a positive change. Welcome to the class they forgot to teach you about money – Awesome Money Course.
Mentioned in this Episode
What is the mortgage optimization strategy [2:41]
15 vs 30 years does NOT double your payment! [5:34]
Mortgages are people’s biggest debt [6:32]
Strategies to pay off your mortgage faster [7:55]
Paying it off in 5 years with equity optimization [9:19]
The three things you need for this strategy to work [14:25]
An example [18:28]
You have to have discipline [24:21]
You can use this on commercial properties too! [33:47]