q=drain+reline+"fort+lauderdale"Steve,About six years ago I spoke to one of the early adaptors of an epoxy relining technology.

And, of course, the property they just bought is essentially 100% leveraged.

Am I over-leveraged?

Like you comments above as when using leverage, one needs to make sure to satisfy lender requirements.

That said, my last recent wholesale deal came about when I was leveraged to the hilt.

Don't over-leverage yourself to the point of bleeding money every month just to pull money out.

I have been told by others that it isn't a good idea to do all cash offers, and to leverage my money but I personally kind of like the return and not having to pay any costs.I decided to purchase two more condos using financing.

The best way to get business and it goes against what you will hear through social media and other technology driven mediums is the old fashioned way.

@Karen Margrave thx for the reply, I have had numerous credit card offers in the mail, just like im sure everyone else has I know real estate has a lot to do with leverage and having mortgage debts, when it comes to personal finance I just always believed if you cant pay cash you cant afford it, I guess I just need to change my philosphy in life, and get a credit card, I just never believed in the ripoff adjusting extremely high interest rates most americans get in trouble with.

Having recently resigned from my position as a credit manager, I'm considering real estate investment as an potential career change.I have a BBA and MBA, both in finance, and 20+ years of experience in the energy, technology, and mining sectors doing everything from treasury to financial planning & analysis to M&A integration, which I expect to be helpful in deal analysis.I currently have a fair amount of capital to get started, though some of it has to cover living expenses until I can generate positive cash flow.