Debt Update
January 2012
I am going to focus on seven things:
Two Credit Cards
Two Car Payments
One Bank Loan
Two Mortgages – one 15% (that’s not the interest rate, that is what it is called as when we bought the house we did an 80/15 which means 80% of the purchase price in one loan and 15% in another loan, can be from two different banks), one home equity
We also have two mortgages, but the majority of those are paid by our renters. We are also hoping to sell one house this year.