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307: The 4 Steps to Financial Freedom and Debt-Free Wealth

BiggerPockets Money Podcast

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Do You Want to Be Debt Free?

Houses in america cost many hundreds of thousands of dollars. While you're saving up for that purchase, you could be purchasing it with a 25 percent down payment or even doing some sort of house hacking. You have ideally a cash flowing asset with a lower down payment, and then you can repeat again. I don't agree that you should have 500 houses all leverage to the hilt. That's too much debt. And really, really hope that everybody pays their rent this month, because if they don't, then i can't pay my mortgage payments.

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