Is It Smart To Buy A House In Cash Right Now?

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How on earth are you gonna talk to a 28 year old who claims to have gone from 60k in debt to 500k in cash and not ask him what his companies actually do?

alexandertremper
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He is making money because he is not married yet 😂😂

absi
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Caller: have 500k+ in saving
Also caller: "it's rough out here"
lol

webfreakz
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Pharmaceuticals are a great business in Miami…🤣

mambofuego
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It’s always smart to turn Monopoly money into something of real value.

katiek.
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Didn't say his "business" so he's hiding something lol

aznfootballplayer
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There are only a few things in life that will give you a low interest rate, one of them is a mortgage. I am OK with paying cash if you plan on getting a mortgage but I feel now is not the time to buy.
One of my regrets is not buying a condo in a high rise in Miami during 2011. They were going for 140k and today are selling for 850k.

johnSmith-uznl
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Someone can make 500k a year and not feel comfortable buying a house… I’m doomed

tj.marten
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Possibly, the guy inherited 500K from a relative (most likely a parent) and is embarrassed to admit that he didn't make the money through his business.

maryk
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Florida has Flex neighborhoods and also Flax neighborhoods too! The state attracts both young and old alike lol

Mr_Fairdale
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I think I would take half of that and put it into an acre outside the developed areas- it's cheaper, less volatile and holds value.

miniprepper
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Dave went from telling people not to panic buy houses, to now telling people in almost every video that it’s the best time to buy. I think he realizes how much it’s slowing down and has a little bit of stake in the game

realfedfacts
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If you love the house, it's a no brainer. Paid in full!!!

maryfields
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Glad to hear this guy is making so many good moves.

paulchakola
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Awesome im starting my journey today 😊

sexyhotsiren
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What on earth does this guy do to earn that kind of money? He wasn’t very vocal about that. I smell suspicion.

theflightsimulationexperie
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He calls Dave "cash only" Ramsey to ask if it's a good idea to buy a house in cash. What does he think Dave is gonna say??

MuffinTessee
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That was great advice. Today, 1 year later, those same homes are half the price.

JSabh
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I was waiting to hear what exactly he does, but I didn't hear it. I would like a piece of that!

mhsidibe
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If you look at places for sale in Miami between $300 - $600K, there are 598 listings and very few are 1/1s. Most are 3BR.

todd