The days of taking out a 3% HELOC and lending the money out at 12 – 15%, which we did for years, are probably gone forever.Lending is still a great business, but unless you have cash in the bank such as savings or retirement money, or you want to accept investors and run a fund, borrowing money against your home to lend is not only unviable, but it’s dangerous .Really, you should run the numbers and you’ll get your answer.

That way you are using the permanent as the temp saving some money and you won't have any downtime waiting for the power company to change over.You probably can't do that with an overhead as it would be too dangerous for the framers/siders.

Sub to in the wrong hands is a very dangerous position for a seller to be in .. ( if they have credit and equity to protect)And its an incredibly dangerous tool for a undercapitalized new investor.. who can really twist a seller up.

(Gulf of Tonkin, Iraqi WMD, Panama, Granada, explosion on battleship Maine....)

They are also wide open for danger, in my own name and not in any entity - no legal protection.  

By listening to their stories and the challenges they've faced, you can gain valuable insights into what to avoid.It's like having a map that shows you where the danger zones are.Another key to avoiding pitfalls is staying focused and being mindful of your decisions.Sometimes, it's easy to get distracted or make impulsive choices that can lead to setbacks.By taking a step back, evaluating your options, and thinking about the potential consequences, you can steer clear of unnecessary troubles.Let's explore various pitfalls that people often encounter and provide you with practical advice on how to sidestep them.Whether it's making wise financial decisions, managing your time effectively, or building strong relationships, we'll equip you with the knowledge and strategies to avoid common pitfalls and keep moving forward on your path to success.Chapter 9: The Road to 5 Million"The Road to 5 Million" is a journey toward a significant milestone.

Danger Will Robinson.

I don't mind taking risky investments (Currently have 2 houses in Wilmington) and actually prefer places other people deem too dangerous to invest.So far I  have Loch Raven village, Hillandale, Parkville, Northwood etc..

I can't imagine going through the winter without heat, or relying on a dangerous space heater, which cause fires every winter in this country. 

You know it's dangerous to bet the streak will continue, but you believe in streaks so you bet until.