Changes in the market conditions based on something that is not just natural rises and falls.

We've pulled through bad times before.Jon

He suggested duplexes might be a good idea because we could both get our own 'home' to live in, and when we are ready to move out, we could either sell it, or if need be rent it out.He also advocated flipping homes because of its short term nature and he thinks he can get cheap rates for contracting.

Mostly due to the properties being out of their region or the speculative nature of these loans.Understandable, but this is before I even mention anything about the loan specifics or investment background.

Why would you want to pull equity from your personal home for your business venture?

This was posted a few minutes ago and wss pulled off.

Don't just leave it laying around after you're pulled it off, or it will grow legs.Jon

If you have no experience and no money, then you're certainly not going to be able to pull this off by yourself.

When we have had to replace them, we pull them up, apply more glue, and put new ones down.

Can also result in money back to you for payments made ahead of time.Various settlement charges.Attorney's fees.I pulled out a couple of recent HUD-1's.On a $92,500 sales priceComissions $4625Owner's title policy $681 (0.75% of purchase price)Settlement charges from title company $125Wire fee $25Water escrow $150There were also prior year taxes, those wouldn't normally be applicableOthers are similar.