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The key to using a loan (debt) is to know when and how to borrow intelligently and repay it back.
Knowing how to get a loan wisely and having someone like your tenants (on your mortgage real estate arrangement) or your business, to pay the money is your asset. When this is well figured out, planned and executable, the more you can use that loan (debt) to become rich. Now, that is a “good form of loan (debt)”.
A bad debt is that which sucks and takes money out of your pocket.
Also See in this book where to get loan that is guaranteed.
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