Fresno man with $175K to burn says he’s eyeing a rental property, maybe 2 — but Dave Ramsey warns that real estate dreams can easily become nightmares

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Bobby from Fresno, California, has done what many Americans dream of — he’s fully paid off his home. In the three years since, he and his wife have managed to save up $175,000.

Now, Bobby’s thinking of purchasing a $292,000 house as a rental property, and he called into The Ramsey Show to ask whether he should put the full amount down or split it to buy multiple homes…

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