We don't anticipate this changing for a while as new home build are decades behind and in Phoenix in particular, we are still seeing strong inbound migration.Credit quality is good, thanks to tightened lending standards.Foreclosures are low now, vs high in 2007. 

I have no real idea what's going to happen but I have tightened up my buying criteria

Ex: I'm in a unit and notice kitchen cabinet hinge or a door hinge needs tightening?

Governments are starting to see this and moving to consumer protections, Like Illinois passing a law that requires wholesalers to hold a Real Estate License. this trend will spread, and the industry will change, just as Realtors will see our industry change with technology. and when the market tightens, only the strong will survive, and the free market will flush out the cockroaches in wholesaling.  

Purchasing a property under this programme and not living in it (i.e. renting it out from the time of purchase) might just put you on the wrong side of mortgage fraud.Another thing you should consider is CHMC has started to tighten down on the 5% down payment a little.  

The only time I really have a problem is when people want to work so far outside of what my norm is that it starts to strain me.

It is often a shame when a close relationship gets strained or worse over business misunderstandings.

I would think a lender would require you to stabilize the property before lending more on it with a refinance - especially now that lending requirements are tightening up.

Cash flow is tightening a little, however prices will also adjust a little.  

@Jeffery Lee, @Theresa Reynolds, @Cheyenne Welsh, @Alyssa McEwan,@Peter Dascoulias II,@Austin Elm, @Caleb Nolte, @Daniel LitzingerJust wanted to give a heads up.Restaurants in Great Falls have had to tighten the belt since last time, asking six people to a table instead of ten.