He was riding the appreciation wave all the way to the top.Here's a post that caught my eye: https://www.biggerpockets.com/forums/48/topics/9594-life-altering-financial-desicions-to-make-Michael Rossi seemed to know exactly what was coming with the 2008 recession based on his response.2 guys on total opposite ends of the risk/reward spectrum, with tons of value shared through their posts...

I'm not trying to go there and make waves

If you manage it poorly, you'll be drowning, not waving.

Maybe you need to tweak what's already working and do more of it.Some successful investors have told me that they get waves of success using one particular marking technique and then another technique starts working better with no rhyme or reason.

Thanks in advanceEric Munoz Cash Wave Properties LLCDallas,TX

The no-fee refis are generally refis without cash out but some may, would be rather odd to me due to the appraisal requirement.Lenders holding notes or servicing rights would rather keep the loans than lose them in times of falling interest rates or under securitized packages so waving fees is a marketing cost so to speak.If what you're after is a revolving credit source look to a HELOC or line of credit arrangement as a second.

No depreciation, recapture, balance sheet, cashflow etc.For that, I am working with my CPA to get my new accounting system set up.I chose Wave.  

Feeling jolly I still had the sense to know that I may be slightly over the limit.That's when I did something that I've never done before - I took a cab home.Sure enough on the way home there was a police road block, but since it was a cab they waved it past.

I'd wave to him to whenever I saw him.

I am sure the attorneys are hiring their copy writers right now for their soon to be plastered on the air-waves "Do you think you've been exposed to lead based paint" marketing campaigns.