In addition, I’d recommend going to real estate investment meetings in your area, making friends, and exchanging work for knowledge (or some similar arrangement) so that you can supercharge your skills without taking too much risk (see the BiggerPockets Events page, or google the topic).

In my opinion, this is the fastest way to supercharge your savings in order to get into the next deal. 

This causes the borrower to pay compounded interest as their extra principal that month is not working for them this month and "sits," in queue to be recalcuated on the 1st of the next month.This is not to say its bad or good because some people only get paid 1-2 times per month and have no extra cash flow coming in and dont have a lot of free cashflow at the end of the month so this might be the best strategy for their particular scenario.To best maximize HELOC pay check parking or AIO daily sweep function a borrower that Im looking for is either:- making a lot more than they spend per month like 1.25 - 2.0X income to expenses of the take home pay or more- or has a lot of flows like mentioned above - or combination of the above to super charge it

It's been an incredible way to reduce expenses and supercharge my savings rate.  

This is an expansion of a product already available and the expansion is designed to compete with other lenders who have the same product ALREADY in place in those areas. also as @Bill F. mentioned the GFC wasn't because subprime as much because a supercharged derivative market that attached itself to it. anything can be a doomsday predictor if you want it to be, which this forum loves to do 2-3 times a week#theskyisnotfalling

inf_contact_key=596bb654103aa8f08f0810d51368df21e4a98f5eb917223549c81bf875692419You may already know this stuff, but if you pick up something new out of this, it will supercharge what you're now doing.Keep up the great work!

RichRich,Since you don't have a good memory anymore you probably have forgotten that you promised to give me the Paxton supercharger off our Viper.

I am grandfathered into the free supercharger net work so i don't even pay for electricity.. so I might have to rethink buying new every 3 years.. 

hi everyone,my name is Antonio M. i am from NYC. i have always been very interested in starting a career in REI. i currently work for a major insurance company doing auto damage assessment in NYC. my wife and I currently own a 2 family home. i joined this site bc i want to soak up as much information as possible. my wife and I have comfortable decently paying jobs but we are a bit burdened with college loans...our current goal is to pay off all debt so we can focus all our money into purchasing cash flow producing real estate. i hope to learn much from all of you here and soon start setting up a good future for my 19month old son. if you could take a look at my first post it would be great. https://www.biggerpockets.com/forums/12/topics/608311-newbie-have-idea-of-using-heloc-to-supercharge-my-rei-start

Learned how to cut/copy/paste and now I'm super charged and very confident utilizing all the calculators.