There is no doubt that Dave Ramsey's advice on mortgages and real estate investing is some of the best advice available. He has been instrumental in the success of many young investors. On a recent rant, Dave states that he is tired of seeing people buy houses with more than 20 percent down and then be upside-down within two years. He believes it is best to make a "timely exit" to avoid wasting your equity.
In this video, Dave explains the best way to buy a house, in his opinion. From paying cash for your first home to proper planning and budgeting for those looking to buy their second or third home.
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