When borrowing for investments are you always in debt?

[Matthew Yeoman]

While starting out in real estate, in doing my initial research and listening to the podcasts and such I hear of the hard money lending and private money as well as loans from the bank. My question is while you borrow this money for investment properties how does the re-payment work? For example, a bank loan will take 15-30 years to pay off, is that the same with private investors? I am concerned about constantly being in debt to others while investing, how do others tackle this problem?