Just buying assets at .50 cents on the dollar or better... stay deleveraged..Why would you leveage personally... that defeats the purpose of what you are trying to accomplish..Ie... alot of books and people teach when starting out... to pull cash out of their personal residence...That's gambling yoru sole goal is to get personally free of debt or at a very debt to income... 30% or less or so...So, you build a business that uses leverage to create or find equity and duplicates... and then get equity out...Imagine you were back in times... and you found out you could mine for gold...You go out and find gold... and then put it on the shelf hoping one day it would be worth more... well of course it will....but, the moment you found it... is the moment of highest return...

Hate him, or love him, the facts remain that he is a more successful real-estate investor than probably every one of us here individually, and a large majority of us combined.

In addition I have $23k debt from my undergrad and grad school which I think I will pay off in less then a year I believe.

.- your just trying to hustle someone for your gain.If u find a house that has equity and the seller needs out quick for some reason - u telling me theirs not enough vultures outs a there to at least buy it 4 his debt 4 cash so he can walk.Be the person to put that deal together with someone who has cash.

Perhaps unload it during inflation/hyperinflation, pay off all mortgage debt and start free and clear for the new dollar, amero, or whatever the next more global currency will be.

As of right now in the downturn economy, with fewer being able to show ability to repay via low scores and debt to income ratio, they have SAID that they will be willing to take those land parcles using an HELOC using the top credit line at only 40% of lowest appraisal found.

The company is a world leader in the industrial batteries business. also, they have been buying up competition while maintining a strong balance sheet i.e. low debt.

If the debt service is already 1/2 of the gross income, you can expect the OE is also 50% of the gross and therefore offers no cash flow.

This is an apartment building.Gross rents: $142,800Expenses: $80,000(includes 5% vacancy rate) derived from APODNOI: $62,800 (gross -expenses)Debt Service : $40,000 (approx) I don't know when the leases are up.

Our economy is almost entirely based on consumer spending - consumer spending that has been financed with debt and fake appreciation (first on stocks, then on real estate).