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Tom Webber's profile image
Tom Webber's profile image
Tom Webber
  • Real Estate Broker
  • from North Liberty, IA
  • Member since Dec 4, 2014

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Tom Webber's profile image
Tom Webber's profile image
Tom Webber
  • Real Estate Broker
  • from North Liberty, IA
  • Member since Dec 4, 2014
Tom Webber
  • Real Estate Broker
  • North Liberty, IA
22
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Buying & Selling Real Estate

Dave Ramsey followers and mortgages?

Tom Webber
  • Real Estate Broker
  • North Liberty, IA
Posted
Any of you who listen and follow the Ramsey debt snowball school of thought have a conflict with securing an investment with a mortgage outside of your personal home? He says only buy real estate if you can pay cash for it. He says he only pays cash for his and how he is a conservative investor but has many friends who have always gotten way too leveraged and end up broke. My thoughts are to disagree with this because not everyone can pay cash for an investment, and how in the world does he expect anyone to buy a big multifamily deal?? What are your thoughts? Especially those who listen to Dave Ramsey? I agree with most everything else he talks about regarding debt and living frugal and on a budget until you have the ability to live within your means.
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Joel Owens's profile image
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Joel Owens

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Joel Owens's profile image
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Joel Owens
Joel Owens
  • Real Estate Broker
  • Canton, GA
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Think about it. The guy selling the system has CASH from all the people buying his informational products............ : )

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