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Updated over 6 years ago,

Joe Au's profile image
Joe Au's profile image
Joe Au
  • Investor
  • from Draper, Utah
  • Member since Jul 4, 2016
Connect

User Stats

120
Posts
57
Votes
Joe Au's profile image
Joe Au's profile image
Joe Au
  • Investor
  • from Draper, Utah
  • Member since Jul 4, 2016
Connect
Joe Au
  • Investor
  • Draper, UT
57
Votes |
120
Posts
General Real Estate Investing

Good Debt vs Bad Debt

Joe Au
  • Investor
  • Draper, UT
Posted

Is there a such thing as good debt?

If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.

Which means, if I have a mortgage on my house and I am paying for it. It's a bad debt. 

Thought?

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