The gov-mint intervention may have decreased the severity of the crisis, but it probably increased the duration.I agree that the next election will likely be an inflection point for the economy.

Cash is far too valuable to have it sitting around dead not earning it's keep.Cash sitting in a rental property does not increase cash flow it decreases it.

For example - if the comp house as an additional bathroom, I understand I need to decrease its value to get the value of the house I'm looking at, but do I decrease by 3%, 5%, or 10%?

The value of the business is increased or decreased by the efficiency or lack of efficiency in which it is run.

Once that is completed then you'll show to a HML that you are getting more experienced, which will in turn decrease your rates.

Some states it's 3 years, others it's 5 years, some states pro-rate it each year, and the tenant responsibility decreases as the years of rental goes up.

See how many calls your getting and then increase or decrease the size of the mailing.

The credit line is flexible & was at 9%, but has decreased down to 4.5%.

So even if we bottom out at the multiple in previous bottoms we can't base the bottom on today's earnings.Using that flat rate and assuming 460 is our bottom that would be a 34% decrease from where we are now.

Unless a borrower doesn't pay any closing costs, fails to make the first monthly payment, and gets foreclosed upon, then the buyer has skin in the game--albeit with low or no equity--and keeps adding more chunks of skin monthly.The "higher down-payment decreases the likelihood of an owner walking away from a home" argument is also a non sequitor.