Bigger Pockets, the leading site for real estate entrepreneurs, asked me to elaborate on some comments I made on their site last week. The next thing I know, I’m being asked to write an article.
Here is the article Dave Ramsey is Wrong: You DON’T Need to Be Debt-Free to Hit Financial Freedom
Bottom line, Dave Ramsey is good at getting you out of financial trouble. Just don’t let him persuade you into paying cash for real estate. I never would have hit my goal of ten properties in ten years or less if I had followed his advice.
Still not convinced you should NOT have a mortgage, consider the 11 reasons why you should carry a big fat one
Now go buy a cash flowing property. All ya need is one to start you on your journey to becoming a 10 to millionaire.