As you know, markets are local, so we need to have fiscal restraint at the state and local level to avoid a debt implosion.Secondly, when you give a developer money, he develops.

The idea was, I create a lead generation funnel by becoming known in my community for closing on deals, then pay the person who sent the lead out of my profit.This got me thinking, is this legal?

But I’m not sure what my situation would look like if I did acquire more debt. 

If she can't pay off her debts, why would she be able to pay rent on time and in full?

Is this within legal guidelines?

Granted they're a 2nd position debt investor.

I'm aware that people privately lend to other people and investors all the time, but I'm asking more in the context of the legality of making an effort to seek out investors and loan to them. 

Credit score is mid 7s, most debt is current mortgage, student loans and car payment. 

Hey, I was toying with the idea of using a HELOC to fund a non-real estate investment, specifically buying some debt.

(It's a legal and copyright protection thing.)If you go to the Events Page (www.biggerpockets.com/events) you should get a list of meetups that are near you.