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  1. 04-15-2005, 10:02 AM #1
    justmeD
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    Default Do you consider investments as debt?

    We just bought some property for an investment. We put it on our Home Equity Line of Credit. Do I count that amount as debt until next year (when we sell it) or should I consider that something else??
    IDEALLY, we'd pay it off and keep the investment longer...but as it stand we'll be selling it in a year.
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  2. 04-15-2005, 10:31 AM #2
    SCDowney
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    Hi Diane,
    That would be good debt because it is an investment.
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  3. 04-15-2005, 12:03 PM #3
    homesteadmamma
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    I'd still classify it has debt but like the above post, its a good debt as long as you make money off it.
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  4. 04-18-2005, 12:28 PM #4
    nodmicks
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    I agree with the other two posters. Debt but good debt.
    ~July 19 saving goal for event $104/$1000
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  5. 05-05-2005, 10:49 AM #5
    debbiepittman
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    Add me to the above. I agree.

    Debbie
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