Quote from @Robert Kemp: Quote from @Jaycee Greene: Quote from @Robert Kemp: I have a friend interested in partnering with me on a deal.

With a loan, a person takes on a Debt Obligation. 

On a positive note we did build a new house to the specifications of a specific tenant. 

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?

Drilling a well or building out a septic?

It's always a scam.

I got bit a couple years ago and went from a 6% rate to almost 10% rate.

You have to dig a little deeper there are questions that need to be addressed and VOE's filled out with specifics in order to use certain incomes and "stipends".Similar to a traveling nurse who get housing, meals, and other income. 

A good lender will give you the time to review terms and ask questions.

Hey @Brandon LaRose, do you have the ability to use a Margin Loan against a taxable portfolio, or a policy loan against a permanent life policy?