Town Square in Belmont was a full city block and I remember when they bought it for 10 million in 1985 ish.. who knows what its worth today.they unfortunately  never made it past the early 90s and the crash that happened.. investor revolts took them down.. and for that reason having lived through that..

I have been reading about the over building in Condos in that market and am monitoring it for a crash so I can buy low.  

If we hit another crash, absolutely go for it.

However, the authors argue that a 2007-style crash is not happening.

Are you on the sidelines waiting for the crash or riding it up?

I'm scared the market will crash before the balloon payment and she will walk away and make me foreclose on the unit.

Yes, there will be a crash! 

I’m going into my first refi and I can’t decide between whether to take out as much cash as possible, so I can be cash heavy into this pending crash (allegedly), or if i should leave the equity in there, bump my cashflow every month by about 40% (I’m going from a 7.5% interest loan to a 3.2%), and then use that equity for a Heloc to do the next deal.

Hi all,I'd like to ask the veterans how their apartments performed during the crash 10 years ago. 

If the real estate market crashes and suddenly your property is only worth $50,000, and you can still rent it for $2,000/month, and pay $1,000/mo in expenses — then the value doesn’t matter (as long as you don’t want to sell it).