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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
4
Votes
Bryson Sumrall
  • Rental Property Investor
  • Hattiesburg, MS
4
Votes |
7
Posts

Security While Leveraging Properties

Bryson Sumrall
  • Rental Property Investor
  • Hattiesburg, MS
Posted

Hi, my name is Bryson Sumrall. Being new to the world of real estate investing, I do not fully understand how I can become secure in a property that I leverage. If I leverage a deal, what protects me from a bank calling my loan? The question stems from listening to Dave Ramsey's story of how a bank called his loan, and he had to file for bankruptcy. If my property has a positive cash flow that allows me to pay the mortgage, am I secure? Thank you in advance for any tips and advice!

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