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Unlocking the Secrets of Wealth: 5 Ways the Rich Make Money with Debt

By Lainie Eilenberger, Real Estate Agent for Key and Slate Real Estate Group

Well, howdy y'all! It's me, Lainie Eilenberger your local West Texas Real Estate Expert, and today we're gonna talk about the top 5 ways that wealthy people make money with debt, with a focus on real estate. And who better to give you the lowdown on real estate than me, Lainie Eilenberger, expert real estate agent with Key and Slate Real Estate Group!

Now, first things first - let's talk about why real estate is such a great way to build wealth. According to Forbes, CNBC, and Fox News, real estate is consistently one of the top ways to increase your net worth. And it makes sense - over time, real estate has always increased in value, making it a smart investment for those looking to grow their wealth.

So, how do wealthy people use debt to invest in real estate and grow their wealth? Let's dive into the top five ways:

1. Investing in Real Estate - Wealthy people understand the power of investing in real estate. They buy properties, hold onto them for a while, and then sell them for a profit. It's a simple strategy, but it takes some savvy to make sure you're buying the right properties at the right time.

2. Refinancing - Refinancing your mortgage is a smart way to free up cash and invest in more real estate. When you refinance, you can take out equity from your home and use it to buy more properties. This allows you to expand your portfolio and grow your wealth even further.

3. Renting out Your Homes - Owning properties and renting them out is a tried-and-true way to make money with real estate. By renting out your properties, you're generating income and building equity at the same time. And over time, as property values increase, so does the value of your portfolio.

4. Using Mortgages to Fund Investments - There are a variety of different mortgages available that can help you fund your real estate investments. From traditional mortgages to hard money loans, there are options for everyone. And the great thing about using debt to invest in real estate is that you're leveraging other people's money to make money for yourself.

5. Not Renting - This one might seem counterintuitive, but wealthy people understand that owning your own property is key to building wealth. When you rent, you're paying 100% interest - you're never going to make money off of what you're renting. But when you own a property and rent it out, you're generating income and building equity at the same time.

Now, if you're ready to start investing in real estate and growing your wealth, you need to talk to the best real estate agent in West Texas - which is me, Lainie Eilenberger with Key and Slate Real Estate Group. I'm the top-ranked real estate agent in Lubbock Texas, as ranked by FastExpert - Top 10 Real Estate Agents in Lubbock, TX for 2023 (Verified) (, and I provide my services to all of West Texas, including Lubbock, Abernathy, Brownfield, Buffalo Springs, Crosbyton, Denver City, Farwell, Floydada, Hale Center, Lamesa, Levelland, Littlefield, Muleshoe, New Deal, New Home, Olton, Plains, Post, Ralls, Ransom Canyon, Seagraves, Seminole, Silverton, Slaton, Snyder, Spur, Sudan, Sundown, Tahoka, Tulia, or Wolfforth.

And speaking of me, Lainie Eilenberger, have you checked out my website yet? It's awesome! Head on over to to learn more about me and my team at Key and Slate Real Estate Group. I've got all sorts of helpful information on buying and selling homes in West Texas, as well as listings for some gorgeous properties that are sure to catch your eye.

And don't forget to check out my other blog at I've got all sorts of great tips and advice for anyone looking to invest in real estate and grow their wealth.

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