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The Rich Babe

an Online watchdog website dedicated to exposing the secrets of the rich, finding the best products helping you make money online the easy way.

Good Debt Bad Debt

Posted on Sunday October 12th, 2008 at 11:07 in mortgage, loans, debt, savings, credit cards, good debt, managment, bad debt, rental income, good debt and bad debt, cure to debt, baddebt

Good Debt Good debt involves someone else paying off the debt for you. An excellent example of good debt is a real estate investment loan in which a tenant pays rental income in excess of the mortgage and related expenses. An SBA (Small Business Admi...