@Chris Miller history doesn’t repeat itself, but it does rhyme.I remember 2006, and how the fed was engineering a beautiful soft landing and everything was great and home builder stocks and banks and investment banks were THE stocks to own because all the data was pointing to a rosy future.The only data source you would need is the yield curve.  

For example, I had a client in Austin who worked with a small, local bank.

I wanted to consolidate banking to a credit union as I am investing much more in real estate and SMBs.

can someone describe to me what velocity banking is?

Banks don't like them so it can sometimes make it harder to get loans.

Thinking back, had I refi at 10.5%, I probably had to do it again when rates dropped to 7.5%, doubling my overall refinance cost.The other lesson I learned is develop good banking relations.

Now some states like Ohio once the props go up the vast majority will sell. so depends on the state and jurisdiction..

Unfortunately, you must refinance the property completely with a new mortgage in order to pull equity out (or pursue a line of credit with a local bank). 

I used a couple 401k loans, a line of credit from a random local bank and a few 0% interest for a year credit card loans.

A closing attorney almost just fell victim to Justin and was able to reach the bank in time recalling the wire before losing his money, which then led the bank to contacting me and now maybe the arrest.More charges are being filed against him since his bank has stepped in, law enforcement and maybe now the FBI are on it.