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Leverage in the form of bank debt is a double edge sword.

Using debt to buy cash flowing assets is perhaps the single most powerful weapon we can use to create wealth and the thing that makes real estate the asset of choice for the ultra-wealthy.

The problem is that leverage is a tool that you must learn to use because, after all, a fool with a tool is still a fool.

Leverage must be deployed carefully based on the asset and the market.

This week on Wealth Formula Podcast, Grant Cardone is here to talk about building wealth by leveraging real estate, and he has made a few hundred million doing exactly that!