What is the better strategy???

[Matthew Tyer]

I have a coworker that owns 10 sfh in the Baytown, Texas area. He has been building his portfolio for a while now (8 years). He pays cash for his homes and then saves up to buy the next. He does not believe in accumulating debt or taking away from his cash flow. Me personally I want to do the BRRRR method by buying a house cash then puling my money back out on a cashout refinance. He is telling me that his method is better but I'm not convinced. If you look at it in the long term having more doors will be a more profitable method wouldn't it? Even if you are in more debt and have less cash flow at first. Am I looking at this the wrong way? At the end of the day, in 30 years I could have a ridiculous amount of homes vs his 20 homes he paid cash for.