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Updated almost 8 years ago, 02/20/2017

User Stats

31
Posts
9
Votes
James Charles
  • Hollywood, FL
9
Votes |
31
Posts

Should I listen to Dave Ramsey?

James Charles
  • Hollywood, FL
Posted

I've been listen to Dave Ramsey the past months. I've learned alot from him. He's very knowledgable about Real Estate and having financial freedom. But he also don't agree with financing. He constantly stress get rid of debt n buy everything with cash. I respect that and I agree. The thing is in my situation before I get lets say $150k to $250k in cash it will take me a fews years to start investing according to him. I really want to start my journey in about a year after I clear up some debt. So my question to BP is should I wait until I pay of my house thats Iike $130k left on it and take 5/6 years or should I purchase another one through financing and have the rental pay off my primary and start my portfolio from there. Need some expertise advise on my situation thanks.

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