debt vs equity

[Justin Hughes]

I'd love to hear people's thoughts on debt vs equity investing and what they prefer and why.

I personally like the safety of debt, since things tend to be more clearly defined, as opposed to off the cuff estimates on returns. Also, debt investing tends to be shorter term, which is great if you are working with a smaller pool of capital. I'm just turned off by the prospect of having the loan go into default and then moving forward with foreclosure... though, I hear some people get into debt deals hoping for that to happen.

Perhaps you can't really generalize, and must examine deal by deal...