2,543
 

Iím Curious, How Much Total Debt Do You Have?


ADVERTISEMENT
 
1
most viewed right now
  68
42 comments @hiphop


section  x2   |  0 bx goons and 2 bystanders Share this on Twitter       Share this on Facebook

section guap
  
New replies show every 10 seconds
 1 week ago '20        #101
purplerain195  topics gone triple plat - Number 1 spot x4 OP
space
avatar space
space
Props total: 2263 2 K  Slaps total: 94 94
 abstractq said
i probably owe like 800k now
House & student loans?


Last edited by purplerain195; 03-23-2020 at 06:36 AM..

 1 week ago '05        #102
pnoi89  topics gone triple plat - Number 1 spot x1
space
avatar space
space
Props total: 13770 13 K  Slaps total: 1571 1 K
No debts aside from my mortgages:

Primary residence: $330,934.00
Parent's house ("investment" mortgage"): $248,700.00
Parent's old house (investment property with tenant: ~$30,000
Investment property in another state: ~$130,000
+2   

 1 week ago '19        #103
Stacksonem 
space
space
space
Props total: 375 375  Slaps total: 87 87
Used to owe 65 k in student loans. Wife loaned my 30 k and I used 35k from my savings to pay it off in one shot. I was hoarding money because of hood mentality. The money was just sitting in my savings collecting pennies, meanwhile interest on my student loans was really adding up. Paying it off drained my savings but the sense of relief was priceless. Credit score went from 770 to 800+ Immediately after paying it off.

At this point I still owe my wife about 12 k which will be paid back in like 2 years and is the only real debt I have. I could pay it back faster, but sheís in no rush and has a lot more money saved up than anyone I know. My wife is making me pay it back by putting it it into a high interest yield account. She told me that she views that money not as hers, but money we will have to help us put a down payment on a house or apt in the future.
+2   

 1 week ago '20        #104
purplerain195  topics gone triple plat - Number 1 spot x4 OP
space
avatar space
space
Props total: 2263 2 K  Slaps total: 94 94
 Stacksonem said
Used to owe 65 k in student loans. Wife loaned my 30 k and I used 35k from my savings to pay it off in one shot. I was hoarding money because of hood mentality. The money was just sitting in my savings collecting pennies, meanwhile interest on my student loans was really adding up. Paying it off drained my savings but the sense of relief was priceless. Credit score went from 770 to 800+ Immediately after paying it off.

At this point I still owe my wife about 12 k which will be paid back in like 2 years and is the only real debt I have. I could pay it back faster, but sheís in no rush and has a lot more money saved up than anyone I know. My wife is making me pay it back by putting it it into a high interest yield account. She told me that she views that money not as hers, but money we will have to help us put a down payment on a house or apt in the future.
Sounds like youíve got an awesome wife my man!
+2   

 1 week ago '06        #105
chrisf249 
space
avatar space
space
Props total: 828 828  Slaps total: 109 109
 purplerain195 said
Sounds like youíve got an awesome wife my man!
I need to tell my wife about this. She is moving to here next month, hopefully she can find a job in May/June.

I currently owe 22K in private loans and 12 in federal. My Federal is in a 0% interest deferment. Now that Iím starting to make money, Iím slowly putting 500 towards the 22K.

Outside of that, I have 390K towards a townhome that Iím renting out.
+1   

 1 week ago '08        #106
Dunknown24 
space
avatar space
space
Props total: 1028 1 K  Slaps total: 107 107
 pnoi89 said
No debts aside from my mortgages:

Primary residence: $330,934.00
Parent's house ("investment" mortgage"): $248,700.00
Parent's old house (investment property with tenant: ~$30,000
Investment property in another state: ~$130,000
How do you manage your out of state property? Had to put 20 or 25% down?

I have 182k in investment property mortgage and 17k in federal student loans.
+1   

 1 week ago '05        #107
pnoi89  topics gone triple plat - Number 1 spot x1
space
avatar space
space
Props total: 13770 13 K  Slaps total: 1571 1 K
 Dunknown24 said
How do you manage your out of state property? Had to put 20 or 25% down?

I have 182k in investment property mortgage and 17k in federal student loans.
Thatís my sisterís and brother in lawís house. They lived in it for 3 years before moving out here to live with me. They purchased the home using a VA loan.

But for an investment mortgage right off the bat, expect 25% down for a conventional 30 year mortgage, at least in my experiences so far out here in Colorado.
+1   

 1 week ago '06        #108
detroitdipset 
space
avatar space
space
Props total: 3336 3 K  Slaps total: 237 237
 YUNGCANIBUS said
Edit: Just realized i said too much, pm if you want more details fam, long story short, its worth it.

careful, cant file B.R. with educational loans tho.. sam getting his
+2   

 1 week ago '04        #109
ziatic 
space
space
space
Props total: 119 119  Slaps total: 25 25
500k on my mortgage. 100% commission job. Gonna be a rough several months.
+2   

 1 week ago '20        #110
purplerain195  topics gone triple plat - Number 1 spot x4 OP
space
avatar space
space
Props total: 2263 2 K  Slaps total: 94 94
 ziatic said
500k on my mortgage. 100% commission job. Gonna be a rough several months.
Damn homie Iím sorry to hear that!
+1   

New replies show every 10 seconds


ADVERTISEMENT
Sign me up
 
 

yesterday...


most viewed right now
online now  21
Image(s) inside Mar 29 - Not wearing masks to protect against coronavirus is a Ďbig mi..
97 comments
2 days ago
@news
most viewed right now
online now  19
Article inside 'Tiger King' Producers Respond to Carole Baskin Criticism: 'She wasn'..
84 comments
2 days ago
@movies
most viewed right now
online now  12
Video inside Gucci New artist "Ola Runt" Disses Big Bank DTE saying they ran him out..
233 comments
1 day ago
@hiphop
most viewed right now
-26online now  7
Mar 29 - New York City Health Commissioner contonavirus deaths to be an averag..
136 comments
1 day ago
@news
back to top
register register Follow BX @ Twitter search BX privacy