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Updated over 9 years ago on . Most recent reply

Account Closed
  • Investor
  • Baltimore, MD
38
Votes |
123
Posts

Cash Is KING!

Account Closed
  • Investor
  • Baltimore, MD
Posted

I Have been Following The Approach Of Dave Ramsey With his Baby Step Formula. And it truly Does Work! Eliminated my Car Payment, No Credit Cards, Paid off My student loan Completely and cut back on so many expenses. Having a monthly budget is the Best thing I have ever done when it comes to my finances. Just living below your means truly does work. I am currently Saving up more money to buy a property all cash. Question:1 Do you think it would be best to buy a multi family or a Single family if I am going all cash? Question 2: Just wanted to know has anyone else benefited from following Dave Ramsey's Approach other then myself? 

Most Popular Reply

User Stats

15
Posts
7
Votes
Garrett Beecher
  • Real Estate Investor
  • Hillsboro, OR
7
Votes |
15
Posts
Garrett Beecher
  • Real Estate Investor
  • Hillsboro, OR
Replied

@Account Closed If you're looking to live below your means, I think you'd be well served getting a multi-family property, living in it while renting and managing it (house hacking) so that you can reduce your living expenses while beginning to build your RE empire!

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