How to Use Debt to Get Rich in 2023 (What the Wealthy Do)

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Debt can make you rich. The wealthy have been using other people’s money since the beginning of civilization to build their empires, acquire assets, and make more income without using their own capital. But, in today’s high-consumer-debt world, most Americans are only accustomed to one type of debt—bad debt. So if you want to make moves like the wealthiest in the world, stick around to hear what Henry Washington says.

Only a few years back, Henry had no properties to his name. Now, he’s sitting on a portfolio of over one hundred rental properties as a financially free investor. But how did he do it when he had no money? With the right type of debt, Henry was able to build his real estate portfolio, start making passive income, and become his own boss. Now you can do the same.

Henry will walk through the five ways to use debt to build wealth, reach financial freedom, and grow a real estate portfolio.

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How to Find Cash-Flowing Rentals (EVEN with High Mortgage Rates)
https://youtu.be/yVPaaXhhziM
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Why Real Estate Debt Isn’t So Scary:
https://www.biggerpockets.com/blog/rookie-178?utm_source=youtube&utm_medium=description&utm_campaign=none
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Is Debt Good or Bad?
https://www.biggerpockets.com/blog/is-debt-good-or-bad?utm_source=youtube&utm_medium=description&utm_campaign=none
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00:00 Get Rich Using Debt?
02:03 Debt is Your Friend
04:25 1. Make Your Money Go WAY Further
06:17 2. HUGE Tax Advantages
08:07 3. Higher Home Values
09:17 4. Truly Passive Income
11:33 5. Use Good Debt to Pay Off Bad Debt
13:01 Don't Be Afraid of Debt