Dave Ramsey on paying cash for real estate preferably with no debt
What's your opinion on Dave Ramsey method for success, he mentions a lot its best to buy real estate property cash with no debt or as last resort 15yr mortgage, for most that are just starting out its almost impossible to have over a couple$ 100k to invest in real estate cash.
Most Popular Reply
many real estate investors will not agree with his methodology or teachings .
if you are someone who has financial acumen and is good with managing money then many would not follow what he teaches. unfortunately many americans are not financially savvy and significantly struggle with managing debt and understanding how increased debt can put a lot of pressure and stress on someone. in those instances what he preaches is correct.
- Chris Seveney
7e investments
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