Core Insights - The article discusses the dangers of leveraging home equity lines of credit to invest in real estate, as highlighted by personal finance expert Dave Ramsey [2][4]. - Ramsey emphasizes that the "get-rich-quick" mentality associated with leveraging debt for investment can lead to financial ruin, drawing from his own past experiences [3][4]. Group 1: Risks of Leveraging Debt - A real estate agent questioned the safety of using home equity lines of credit for investment properties, despite her aversion to debt, prompting Ramsey's critical response [2]. - Ramsey warns that the mindset of borrowing to invest is flawed and can lead to significant financial distress, as he experienced in the 1980s when he faced bankruptcy due to over-leveraging [3][4]. Group 2: Historical Context and Examples - Ramsey references his own journey, where he accumulated $4 million in real estate by age 26 but faced a financial crisis when banks called in their loans [3]. - He cites the example of former real estate guru Robert Allen, whose advice to buy properties with no money down led to the financial downfall of most of his investment club members, with only a few managing to retain their properties [5].