There are restrictions in CA, especially offshore.

I will never forget when I asked one guy what happened so that got him in this trouble, and he told me gambling and overspending.Anyway, my point is that if they get the help, it will only delay the inevitable.

That's not a gamble I'd personally take right now, especially with interest rates at all-time lows and with nowhere to go but up.

What if the business is illegal and is just cash, like drugs, prostitution or gambling?

http://www.biggerpockets.com/forums/88/topics/110211-is-25-a-good-cap-rate--gambling-on-appreciation

So you then had locals teaming with AU resellers and GB resellers picking this stuff up in 09 to 2011 or so for 5 to 10k then selling it to those off shore for 70 to 80k and many times never rehabbing them like they said they would.. tenant base is a mess..

Every time you move new tenants in you gamble on getting horrible tenants.

Thanks again if you dont get anywhere, you can see if you can buy the lien, then take the gamble on if you can finish the foreclosure process.

Borrowing against retirement money is also a bit of a gamble for at least two reason:1.

In my opinion that is speculative investing, and I am not much for gambling.