The loan to value (LTV) depends on age and starts at about 50% to allow for the growth of the loan balance.

I know that down here in San Diego, CA, they are doing very well, and are growing quickly, but I am not that read up on the stocks in this sort of company.

Terri,Much of this has to do with the age of the home and its location.

The land has over 14 million in equity( last appraisel dated 4/2005 appraised at $22,000,000)It is half a mile from a very very popular mall, with high in demand stores adjacent from it,and the area is growing rapidly. it is also zoned OCR, so there is so much that you can do with this development.

I found a good article in Kiplingers about a guy who build an empire by age 25...I Built a Real Estate Empire by Age 25Worth a read, I think.

I am so frustrated, have experience, look very young for my age, 31, and am often treated like a child because of it.

If you start growing your portfolio even larger you can hire additional help.

There are so many things he can do to keep his estate growing.

Personally, if I can grow enough, I'm looking for someone I can hire in-house.

I've found the best labor to be guys my age (mid '50s) who got whacked by their (usually Fortune 500) employer, who are facing the prospect of never holding a salaried job again.