We consider whether Broad Absorption Line Quasars (BAL QSOs) and Narrow Line Seyfert 1 galaxies (NLS1s) are similar, as suggested by Brandt & Gallagher (2000) and Boroson (2002). For this purpose we constructed a sample of 11 BAL QSOs from existing Chandra and Swift observations. We found that BAL QSOs and NLS1s both operate at high Eddington ratios L/Ledd, although BAL QSOs have slightly lower L/Ledd. BAL QSOs and NLS1s in general have high FeII/H$beta$ and low [OIII]/H$beta$ ratios following the classic Boroson & Green eigenvector 1 relation. We also found that the mass accretion rates $dot{M}$ of BAL QSOs and NLS1s are more similar than previously thought, although some BAL QSOs exhibit extreme mass accretion rates of more than 10 msun/year. These extreme mass accretion rates may suggest that the black holes in BAL QSOs are relativistically spinning. Black hole masses in BAL QSOs are a factor of 100 larger than NLS1s. From their location on a M-$sigma$ plot, we find that BAL QSOs contain fully developed black holes. Applying a principal component analysis to our sample we find eigenvector 1 to correspond to the Eddington ratio L/Ledd, and eigenvector 2 to black hole mass.
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