Maybe they're gambling on appreciation? 

But if he came to me with such a plan - essentially gambling with MY retirement - I'd kindly but gently tell him to think of something else.You're asking him to take a HUGE risk on deals you don't even have identified yet - and hope like hell that you can turn 3 deals at $36,000 each in a year.You're just now getting started, so you have NO track record.  

Even my debit cards are in the names of my LLC's.Everything is held in trusts with the beneficiary as either a LLC or another trust (maybe an offshore one??)

Sincerely,Anne CruzBe Careful BP members.... especially those with little to no credit or capacity that are looking for funding and you get some off shore lender that makes it just to easy.. there is NO easy money

This is conservative, when you're quietly bankrupt you can't afford to gamble with your money, so keep it close and make it count toward the ultimate goal, financial freedom!

Many unqualified person took this gamble and thus due to the exorbitant hedge fund SFH purchases in the greater Tampa Bay Area residential multi-family dwellings were artificially enhanced as well.

Knowledge is power, speculation is gambling!!

I do not know of anyone setting up an off shore company yet but I was told by an attorney that this is the vehicle he uses.

Instead, it's more like love and gambling ... with a circular learning pattern.

If I were a gambling man, I would bet the son already has a record with the courts; and/or multiple unsupported children.