@David C. the added atty fees, interest, force placed insurance, taxes ect could easily bump that number up to 125K assuming their original loan balance was somewhere in the 95K range to start.

Well I've always operated on the theory that SPENDING any money reduces my PROFITS, so I'd be pretty careful before BUYING anything, even about spending the extra money, or keeping an extra balance in a seperate checking account.I have no idea what the software costs, but this site offers as much or more and it's FREE!

In REI as in life things don't always go as planned.I've been doing REI for almost 30 years, there were times when the % of my net worth in REI exceed 60%, but I generally tried to keep it around 40%, which I think is a good balance.

We need to strike a balance with cost management strategies and ways to healthy living.

The loan balance is $36k, property value $82k (conservatively), never late once in 10 years, and the rate on the thing is 9.5%.

But not receiving a statement is no excuse for not paying it on time unless you've had a zero balance for months and this was a charge for an annual fee on a card you never use.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com - free e-bookFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com - free e-bookFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!