If you refinanced to extract equity for future investment, your payment would go up because:- You have increased the LTV ratio; decreased the buffer of equity---rates will be higher.- You will most likely have to pay MI (or a higher payment if the lender pays it for you)- Your blended rate will be higher then your previous interest rate (if you have to go with a combo loan).Regards,Scott Miller

If everyone were to just wait until others do it, not only does it take longer, but profit margins deminish as opportunity decreases.

This is a real zinger of a way to quickly restore one's IRA which was decreased by the internet bust (things will keep appreciating, beware!).

LOL, and now let's look at when the bubble busts and there is no longer appreciation or values are decreasing (which they are RIGHT NOW in many of those formerly hot areas).

They claim to offer 50% increase in speed of construction and 30% decrease in costs.

The Postal Service says that the price jump will only be in effect until it can make up the $2.8 billion in losses that it accrued during a large decrease in mail volume it says were caused by the recession.

For comps you need to weigh a few things, is the area increasing or decreasing in value?

I plan to sell my current home (with about $30k in equity) to pay down the mortgage and thus increase my monthly cash flow and decrease my debit to income ratio which will come handy for future deals.However, my true question is in the subject of this post, I have submitted a few HUD offers for Owner-Occupied properties at 30% below the listing price and HUD has counter offer at 10% below the listing price.

And your UBIT decreases over time.

While the DM is a strategy, hitting absentee owners is costing greater amounts of capital to deploy and the ROI has decreased quite a bit.