Dave Ramsey Payoff Mortgage Or Invest | Sam Kwak Reaction. Here at The Kwak Brothers, we advocate for financial freedom through real estate investing. We also want you to learn how to pay off your mortgage FAST so that you may be able to save some money on interest and accelerate your journey into real estate investing. Dave Ramsey took a call a little while back on The Dave Ramsey Show with someone looking to pay off their mortgage and possibly invest in real estate. Dave Ramsey pretty much broke down his strategy about his methods of mortgage payoff. But here at The Kwak Brothers, have a different take on the matter. In fact, we believe you can do both at the same time. So in this video I react to Dave Ramsey talking about whether you should payoff your mortgage first before getting into real estate investing. Why Paying Off Your Home Early Is Important (Original Dave Ramsey Video) https://youtu.be/39mmtEQrr2k How to pay off a 30 year home mortgage in 5-7 years (2021) https://youtu.be/eGVn9iq1e6c Now in this episode of Dave Ramsey's show, someone calls in asking Dave if they should pay off their mortgage or invest in Real Estate. Dave stays down the path he has created by advising her on what she should do. Now this is where we have our differences. The woman and her husband make really good money and have made a lot of progress financially already. So they are in the position to look at a mortgage payoff and real estate investing....possibly at the same time. Dave Ramsey does not like this. But the reason why I advocate for them getting into real estate investing now because a job is not guaranteed, a job can be lost at a drop of a hat. So with investing in real estate, while paying off your mortgage, could potentially offset any income loss due to loosing a job. Especially from what we've seen in the year 2020, many folks lost their jobs but they could of potentially stayed afloat if they could manage to maintain cashflow from their real estate investments. Also throughout Dave Ramsey's process he talks about saving for college for your children. Not everyone should go to college, especially if their head is not into it. College has been forced down upon students and given the stigma if they don't attend, they won't make it in life. Which we know is not the truth. Not only that but you have massive loans and unfortunately, entry level jobs do not pay that much....even with the degree. Not a great return on investment. Now as much as I don't agree with Dave Ramsey's strategies for financial freedom, there is a place for his strategies. His strategies or more in alignment with people who work normal jobs, not so much business owners or people looking to be full-time real estate investors, OR even part-time real estate investors. So don't take this as a hit piece against Dave Ramsey but more so a take on his one size fit all strategy to financial freedom. Paying off your mortgage early can have great benefits to your life and financial future but there are different ways to achieving that outside of a 30 year payment plan. I implore you to check out all the different strategies that can help you payoff your mortgage and we have a link to our strategy at the top of the description. 😃 Thanks for Subscribing & Liking our Video! 📧 ⌨️ FREE 7 Day Trial To PropStream Real Estate Investing Software: http://reisoftware.thekwakbrothers.com 📊 Pay Off Your Mortgage In 5-7 Years (On Average): https://www.youtube.com/watch?v=eGVn9iq1e6c 💻 JOIN OUR FREE FACEBOOK GROUP FOR LANDLORDS & PASSIVE INCOME: https://www.facebook.com/groups/bestreigroup 📡 PROTECT YOUR ONLINE DATA AND ACTIVITY WHILE CLOSING DEALS AND GENERATING NEW LEADS WITH NORDVPN: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=40858 🔊 Our Podcast: 🔹Spotify: https://open.spotify.com/show/7pnHJSNl7vPVFzq69IzC6B 🔹iTunes: https://podcasts.apple.com/us/podcast/first-deal-experience/id1282240923 📧 Hire the Kwak Brothers to Speak: info@thekwakbrothers.com #realestateinvesting #thekwakbrothers #realestate ======================== ---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.