BP Real Estate Podcast producer here.

So far this has produced great results for me.

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

I also got involved with a builder in Florida who has yet to produce the first of three houses they're contracted to build, which was a major hit to my available funds as well, setting me further behind.I also figured if I fell a little behind in saving (18 months instead of 12 months for example), I'd still be making progress.

@Lauren CartmellWhen selling a tenant-occupied property, it’s best to work with an investor-friendly realtor who specializes in investment properties and has access to income-producing buyers.

A smooth sea never produced a skilled sailor (Franklin D.

Case Shiller indicates no US location has produced a better return than San Fran, LA, or San Diego for this century.  

And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned

It's mostly about making $ out of the world economy WITHOUT actually producing anything of value. 

Both land investing and multifamily are great but what's best for you is more important.Land has no cashflow and is speculating imo too so personally it doesn't fit my investment thesis of buying property that produces cashflow.