You still need to look at the other risk factors, determine what level of risk is present, whether you will accept that risk, and how you will mitigate it.

Still, he says in an interview with Businessweek, “I do feel some level of moral responsibility just by being the person they talk to.”

Markets that experience this generally realize a sudden appreciation event over a short time period and then the appreciation levels off or slows. 

-What's the topography like, does it need leveling?

Next level predatory. 

That means that my overall capital gains (my basis is actually close to $75k) would be $175,000/$250,000, which is 70%, so $2380 of that principal repayment would be taxable at whatever my level is - do I have that right? 

I had used REI Pro in the past so am familiar with it at least at a basic level. 

Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages.

It is interesting to weigh the skyward appreciation model at these levels.

It’s been a little challenging but I think we are about 2 weeks from finishing a 3 level 5 bed /3 bath house so it’s been a big project.