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All right let's run out to, let's just walk down the street to Nashville, Tennessee

and talk to our great friend Rebecca.

What's up, Rebecca?

Hi.

What's up? Well, I have a question.

I just applied for a loan to get a third rental property and the loan agent said that I don't have enough debt for them to take a chance to give me a

rental property. My church, yeah. I love America. I am worth 1.5 million dollars collectively with my husband my credit score is like

780 they said that's not true if you don't have debt you don't have a credit

score and she wants me to go get some credit cards and

some debt before I reapply to purchase our third home that the other two are

outright paid for I'm very confused okay so let me get this straight.

You've got two paid for properties.

You don't have debt, but you still have a credit score

due to some sort of open line of credit or you have credit cards that you pay off every month?

What's going on there?

So our home in Nashville is worth 1.2 mil and we owe like $200,000 on it.

So I'm confused.

You said your debt free and she's saying you can't, she's saying the 200,000 mortgage

isn't enough debt to warrant more debt?

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