This spring he virtually disappeared for two months and I found out when he got back that he had created a group that bought half of a pacific island and wholesaled about 200 lots, making himself a profit of somewhere between 2-3 million (2 months profits).

We'll have to see how Barack's plans pan out.

The issue I see is you're placing your house at risk if the investment doesn't pan out.

This is especially true if your RE investing doesn’t pan out, which is highly likely for exactly the reasons Tom K is saying.

I wrote in my Article this week ( http://www.biggerpockets.com/renewsblog/2008/12/15/tales-from-the-pacific/ ) about a retired Ford dealer that I met on my vacation.

for someone claiming to have attention span issues, you sure did manage to write a post that takes a hell of an attentions pan to get through!

Unfortunately it didn’t pan out.

From a lender perspective, you may become a riskier borrower, at that point, you would not have a steady income and you would not have shown that the other investments are panning out. 

PLEASE use the DORA forms: https://www.colorado.gov/pacific/dora/division-rea...You'll need to add language into additional provisions.

@Tom Keith I most certainly will let you know how things pan out and will look into Pat.