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YouTubeThe US Finance Desk
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YouTubeMid-America Association of Real Estate Investors
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YouTubeReady Accountant
One of the biggest misconceptions about debt is that it means you’ve failed.
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A couple million in bank debt isn't leverage. It's a leash with someone else holding it. Small debt makes you owned. Big debt makes you a partner they have to work with. Think $25 million or nothing. Anything in between just leaves you exposed. Profitability erases problems. Debt just stacks a second one on top.
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