Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

241
Posts
62
Votes
Sam Booth
62
Votes |
241
Posts

So Dave Ramsey says.....

Sam Booth
Posted

So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. 

So how many of you out there have used leverage, maybe conservatively, to increase you net worth and cash flow with real estate? Or did you pay cash like Dave?

I feel like its not so bad to have a ton of debt if say you had a good pile of reserves for when you need it. What do you think? 


Additionally are 7% mortgages worth it?

Most Popular Reply

User Stats

4,395
Posts
6,264
Votes
Greg Scott
  • Rental Property Investor
  • SE Michigan
6,264
Votes |
4,395
Posts
Greg Scott
  • Rental Property Investor
  • SE Michigan
Replied

Dave must have screened out anyone who had debt before he interviewed them because I don't believe his experience could logically be extrapolated to society at large.

  • Greg Scott
  • Loading replies...

    1 2 3 4