The personal guarantor of a note remains legally liable for the liability regardless however without legal title to the property securing the note he is in a weakened position.

Overall the market has stayed pretty strong and while I don't have a crystal ball, I don't see that weakening over the summer.

I own nice duplexes in South Sac and have seen rents weakening over the past couple years.

I've had some issues with plumbing; mostly weakened pipes and deteriorated valves.The plant life moving in; roots, vines and branches can get into place and cause some damage.

Calls made or received can be obtained with the date and approximate time and the phone number used, not having the recording is a violation, fines and head roll.So you don't want to get too ticked off in recorded calls, it just weakens your case. :)

But, that has less to do with what is happening with prices of real estate and much more to do with the weakening of the US dollar on the world stage.

I guess it's clear from his thoughts that he doesn't think Blackstone and so on are artificially inflating prices, or that the weakening middle class, or middle class debt (student loans, for example), or that our economy 70% based on consumer spending (read: a populace that can afford to buy things) are weakness to cause one to steer clear of long term holding of real estate.

You can ask the seller to contribute up to 2% towards closing costs, so if you don't feel that it weakens your offer too much, then that softens it a smidge.This is for mortgages 1-4, for 5-10 the minimums increase to 30/25% last time I checked.Regarding owner occupied, what Jordan said above.

When the economy shows signs of weakening, I will pull back on new HML's.As far as equity deals, I don't touch them is the debt is over 70% and I  over 50% of my capital is in mobile home and self storage investments, which should do fine in a recession.

If there coming out of pocket, you need that much more appreciation to stay above water.Be sure to look at this page if you really think real estate is going to continue to have significant appreciation going into the future Irrational Exuberance, the Real Estate Bubble and the Weakening of the US EconomyThat sure looks a lot like the NASDAQ in March 2000.John Talbott in "Sell Now" gives an even scarier picture and a comparison to Japan's housing situation.