I usually get the freaks during rehab, stopping by wanting to tell me their life story.

As much lip service as Google gave to the problem at that time, they had no clue as to how to stop it.

They lied time after time and was not responsive. he ultimately had to file a bankruptcy to stop the sale of his property.

You're borrowing at one rate, and getting a higher rate on the investment you make with the borrowed money.If you borrow money to buy a liability, that's bad debt.

Rumor has it that he is too highly leveraged by borrowing the equity of properties he has had for 10-15 years.

European investors have been buying American real estate because, with low prices plus the exchange rate, it has been double cheap for them..Probably the change in exchange rates isn't a big enough change to make them stop buying.I know that some of you are following both the stock market and foreign currency.

I agree an active business inside of the 401k would incur UBIT.Since I deal mostly with RE investors I like the no solo 401k UBIT exemption for debt financed income.Also, the borrowing privilege has helped several people to fund their personal real estate investing.Hmm...I used the wrong term in my post?!

It really shows how inexperience can stop you before you even start.

I stopped working short sales as a business model last month.

You can't just take it.You can, however, try to get the borrower to do a "deed in lieu".