I have a question, which I have yet to find an answer to in the forums. Although I'm sure after writing that statement, someone will share a link to a forum thread that I have yet to discover. (If you find this, pleas...

So if your plan has a high probability of success all the way out to age 100, then the probability only increases if you only live to 85 or 90.Also, with younger clients, I tell them to plan as if Social Security will not be there for them at all (note: I do believe it will be around for a long time, though it will likely look different 30 years from now than it does today, which may mean decreased benefits versus what you could expect if you retired tomorrow), and build a successful plan that way.

However, I don't think there a bubble popping like 2008.My realtor friends are predicting that in my market rents are going to go down (because that is what they are starting to see), but that any decrease in home prices will largely be contained to condos. 

If you believe this down turn is pretty temporary I believe its in your best interest to hold onto your home and possibly rent it out until you can get a better price.

Your risk of loss for that property decreases.

The loan-to-value decreases as the proceeds that would have gone toward paying the commission now go toward increasing the down payment, decreasing the interest rate. 3.)

I have also read about buying lower priced $50k properties all cash but that seems to lose the value of leverage and thus give smaller cash flows.I've been reading a lot about HELOCs and from advice I'm reading, I gather to really only use a HELOC as a quick temporary purchase vehicle since technically the lender could call the balance due at anytime. 

We get him set up with a temporary Nevada specific program that was incredible, giving him 10% in free money due to the zip code the home was in.

Peeling paint, cracked window, wobbly handrail, crumbly cement steps, temporary (adjustable) lally columns, knob & tube wiring, etc.3.

As a rental property owner, I know rents won't decrease much if that happened.