That decision is not going to bankrupt me, its not going to take food off the table and its not going to make me get the electricity get cut off.I guess my point is if you need a new truck and it is not going to make you go bankrupt or make you not be able to put food on the table and pay your electricity bill, then go ahead and buy it.To a purist like Joe,,,the biggest waste of money in your life,,,to me its just called living.That is my take.Good luck!

I built using a construction loan and it just about bankrupted me because of the speed and issues with draws.

It can make you rich, or it can bankrupt you.  

If it did, all landlords would be bankrupt and in jail.

Do a search as many, many, many people ask this question weekly.The bottom line is you can do it, but be prepared to lose it all and go bankrupt.

My family worked in the mortgage business and went bankrupt due to the market in 2008. 

Starting with 40 C/D class apartments spread out over 7 cities is a good way to go bankrupt.

I do worry that if I scale too large it may be possible to bankrupt the smaller brokerages; especially if using the even more fringe non-SEC regulated entities.

Now if her business is effectively bankrupt and she hasn't signed personally, she could walk away.

Reminds me of a guy who had been a real estate reality star and went bankrupt.