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Old 09-18-2008, 03:08 PM   #1
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What's your estimated debt total?

I have $320,000 in real estate loans on rentals, a duplex and a quadplex about half of their market value (I have a little more than 100K in cash in these two investments and the income covers about 80% of their ongoing costs including taxes). My software business also has $85,000 in notes secured with my credit.
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Old 09-18-2008, 03:23 PM   #2
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Zero. My husband and I are debt-free.
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Old 09-18-2008, 04:16 PM   #3
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If you had to take everyone on this forum, combine their debt totals and then multiply that by two, you would have half of my debt total.
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Old 09-18-2008, 04:24 PM   #4
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zero-but I worked my ass off to get that way.....
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Old 09-18-2008, 04:37 PM   #5
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Zero. But I don't have my own house. I'm waiting until I can buy straight out.
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Old 09-18-2008, 04:39 PM   #6
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Don't ask. The mere thought depresses me. Going to college was the worst decision I've ever made.
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Old 09-18-2008, 04:48 PM   #7
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About 38,000 including my car loan. The hubby however has been divorced and we are lucky enough to be paying off the ex's car, furniture, computer, and credit card debt. So include all that......*cries*
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Old 09-18-2008, 04:53 PM   #8
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Quote:
Originally Posted by Tiamat10 View Post
Don't ask. The mere thought depresses me. Going to college was the worst decision I've ever made.

Did you get a degree in creative writing?
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Old 09-18-2008, 04:55 PM   #9
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Zero.
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Old 09-18-2008, 04:57 PM   #10
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Quote:
Originally Posted by SevenWritez View Post
Did you get a degree in creative writing?
Ha! I might be dumb, but not that dumb.
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Old 09-18-2008, 07:14 PM   #11
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$140,000 - house
$12,000 - remaining on car
$29,000 - loan


PS. I have a degree in creative writing and now work as a professional editor and manager for a homeland security company.

PSS. Oh, but I have talent and experience, which was not taught in school.
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Old 09-18-2008, 07:23 PM   #12
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I owe lots. And lots. Plus some more.

Then add the interest...

In money and favours!




But they won't catch me...
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Old 09-18-2008, 07:38 PM   #13
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Quote:
Originally Posted by Black_Board View Post
I have $320,000 in real estate loans on rentals, a duplex and a quadplex about half of their market value (I have a little more than 100K in cash in these two investments and the income covers about 80% of their ongoing costs including taxes). My software business also has $85,000 in notes secured with my credit.
That's nice.
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Old 09-18-2008, 07:39 PM   #14
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I learned that in finishing school.
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Old 09-18-2008, 07:50 PM   #15
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What did you learn to finish?
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