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Old 11-02-2009, 12:43 AM
paymydebt paymydebt is offline
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From what you have indicated, it doesn't look to be you are in that bad of a position. Because basically the rental properties you own are paying for themself and real estate is still a good investment...you just have to wait until prices go up again before you sell. And seems you have enough income to cover your own mortgage and I am gathering your other expenses. I can't see why your BF would think bad of you for investing in real estate, which in a hot market can pay off big time. It's not like you went on a big shopping spree and had nothing to show for it.

Most people take a long time before they are mortgage-free and don't always use their own money for investment purposes either. I would just say hang in there, wait for market conditions to improve and then you will be saying the opposite.
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