A funnel is a good analogy because the number people decreases as they go down.

Hey Jeff,Are the inventories decreasing due to REO sales, listings expiring or straight sales?

After adding the 2nd to the 1st, if they would drop the interest to 5.6% my P&I would decrease by appr $627 month for 40 years or $455 for 30 years.2nd investment property:If it sold it right now, we might be able to break even.

It seems like an awful lot of work just to get slight rate decrease, unless of course there are other advantages to placing a fictitious note on a property?.

Supply needs to decrease and demand needs to either stay the same or increase.

Lending will ease, though it may take a while.As a buyer, I worry that the number of REOs available will decrease and their prices will increase, since the banks now have an alternative buyer for their bad loans.As an individual investor, I'm concerned that large companies will end up being the ones to get the properties from the fed entity that's yet to be created.

I just moved to Vegas not long ago, and hear that the housing market is continuing to decrease.

Here are some of Rich's posts on income tax reduction:http://www.biggerpockets.com/forums/51/topics/36477-if-you-don-t-get-all-warm-and-fuzzy-when-you-pay-income-taxes-http://www.biggerpockets.com/blogs/575/blog_posts/2452-decrease-your-income-taxes-with-these-hintshttp://www.biggerpockets.com/forums/51/topics/37738-4th-obstacle-to-creating-real-wealth

isn't it safe to assume while putting deals together for buy and hold that rents will decrease from current highs.

Another thing I find interesting that seems to be missed here....When Joe the Plumber's taxes are increased - who do you think is going to see decreased profit in his "flipping" business when rehab costs increase?