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Innovative Strategies
HomeForumsInnovative StrategiesDave Ramsey recommends buying everything with cash!
Kai Sato-Franks's profile image
Kai Sato-Franks's profile image
Kai Sato-Franks
  • Rental Property Investor
  • from Alaska
  • Member since Apr 30, 2020
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Kai Sato-Franks's profile image
Kai Sato-Franks's profile image
Kai Sato-Franks
  • Rental Property Investor
  • from Alaska
  • Member since Apr 30, 2020
Connect
Kai Sato-Franks
  • Rental Property Investor
  • Alaska
19
Votes |
11
Posts
Innovative Strategies

Dave Ramsey recommends buying everything with cash!

Kai Sato-Franks
  • Rental Property Investor
  • Alaska
Posted Jun 23 2020, 20:58

Hello,

What have you done what do you prefer? What are the pros and cons of both?

Have you guys bought real estate (multifamily or single family) in cash and rented them until you saved up for your next investment to pay in full?

Versus

Getting a mortgage and paying the interest but being able to buy more real estate instead of waiting and saving for a longer period of time.

I know this is probably a tough question right now due to the virus but I’m just curious about people’s insight on buying in full versus getting a mortgage.

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