ITS huge money for those fulfillment companies as in private 30 million dollar jets HUGE>. 

we live in the Jet age and to not partake in that to me personally is a big miss in many's life experience's.. 

Just has a small hole on the side the jet the water out.Looking at the ceiling in the stairwell, looks like some water penetration. 

I have mentioned this many times before but what do you think would happen to the auto industry if all vehicles had to be paid for in cash like many foreign countries.. that's why there are so few cars in many of those countries.. and what would happen to private aviation where light aircraft enjoy 90% financing for 20 years at 4 to 6% interest and there are tax benefits but they start at 400 k  and light jets that start at 3 million or light turbo props at 2 million.. yet hundreds of these are sold each year .. all because of credit.and just like commercial airliners many are leased and those leasing companies are buy 50 million dollar or 100 million dollar planes with credit not cash then leasing them to the airline.s   bottom line credit freeze's we see what happened. 

Play with that big ole invisible jet?

I spent 10 years preaching to my guys to put their overtime checks into real estate instead of into jet-skies and vacations.

I think your friend needs to cool his jets. 

Very busy Airport & there is quite a bit of jet noise.

You will survive. good underwriter looking at your tax returns will see you own the debt and the asset.. probably gets bounced.. this is what HML did pre 08 all of our loans went to buy and hold folks and we did rate and term refi.. but we were a true third party lender .. its was a great gig while it lasted my average turn on my loans was 92 days.. and the buyers not only had no money in the deal they got refi proceeds usually 5 to 8k a house and they would do 4 and a time.. now they were suppose to take the refi proceeds and put them in their reserve account.. but alas the reserve account ended up having Jets skis in them instead maybe a new car.. or that trip they wanted to take.. etc etc.. anything but where it was suppose to go.. 

That and owning his own jet allows him more flexibility and maximizes him more time to spend with his family.