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I have a full-time job and a ton of fear having witnessed the impact of the financial crisis as soon as I arrived in the US to go to graduate school in 2008.

Biggerpockets,      What should a rookie do to prepare for and profit from the coming economic crisis?

I should've done that in '06, My biggest regret during the '08 crisis is not having $50k to buy the home behind my parents house, it sold for in November $130k later that year.

How long before all the suckers panic, push prices down further, cause a full blown crisis, and prices bottom out? 

In 2008 they were in a cash crisis and had a ton of non performing loans they had to move off the books.

It could be medical bills that are hurting her score or perhaps she had a financial crisis years ago that she has recovered from.

The financial crisis started in 2006 resulting in an upsurp of bankruptcies, these bankruptcies are slowly being removed from credit files as they disappear from credit reports after 7 years.

I seem to remember reading they may have passed some legislation to at least temporarily keep people from getting 1099s for income on foreclosures during this "crisis."

With local mortgage crisis and everything else going on , I am looking for out of the box ways to may be flip or sell.