How to pay off $300,000 of debt - MSN Money

How to pay off $300,000 of debt - MSN Money

Strategies for reducing/eliminating debt.

My Way Finance

My Way Finance: "Her 29-year-old daughter, a graduate student with an annual income of less than $20,000, qualified for a mortgage of $600,000 with no money down, split into two different loans at 8.75 percent and 12.5 percent interest rates.
With income from tenants, which didn't come right away, Beatty's daughter thought she could afford monthly payments of nearly $5,000."

This is a bit of a shocking article...amazing that folks have been able to qualify for mortages with perhaps unrealistic expectations.

Why rent? To get richer - MSN Money

Why rent? To get richer - MSN Money

This is a bit of a contrarian view, but it points out the power of the markets. Not sure I'm willing to jump off the real estate stream just yet, but it is good food for thought.