This is a great "cash like substance" to use when applying the refinancing method I use.  

"In addition, the trial court noted several other aggravating factors, including xxxxxx‟s failure to successfully complete probation, his pattern of physical abuse toward women, his history of substance abuse, evidence of multiple instances of molestation toward the victim, and his violation of a position of trust."

Your guy may have a substance abusers or gambling problem.Everyone has a part in this.

I don't really care what they call it its the substance that makes a difference to me

It's up to you as an investor to decide which it is.Price run-ups, even rapid ones, are not automatic indicators of a 'bubble' per se, though this definition seems to be trending over the last few years, rather a bubble is significant price appreciation without the fundamental substance to support it.

The effect is the same because the subject matter of the transaction is an illegal controlled substance.

What you need is a "Cash Like Substance"...non-lien able debt.  

That's why these guru's make these courses and the courses lack real substance in the business.  

You should probably talk to an attorney about what is legal and what is not if you want an actual answer with substance.

Problem is you will need to bring something of substance to the table, and if you are new to RE that may be a catch-22 for you.Read as many forum threads here on BP as you can about Iinvesting with low money down, you will be on information overload but that is OK because eventually your brain will filter and retain the important stuff.Much success!