It wasn't till about a year later that My wife came to me and said, "honey we got money".

Keeping the metaphor from my post last summer, it would seem the train has not eased back:Canadian housing market hits record in April for average price and sales totalAs per usual Vancouver, Victoria and the GTA are providing the fuel stoking the fire.I am a little surprised to see Saint John, NB listed as up by 4.6% as there is a huge glut in inventory (including REOs) in the City proper.Sooner or later there will be a bend in the track for which the train will be travelling too fast to navigate.Naturally, all the pundits are will now come forth to pontificate.

So anyway as I said above, it turns out I will have to do some type of LOC or get a non-Fannie / Freddie mortgage first and than later REFI that (regular R&T REFI, not cash-out) to a regular fannie/freddie mortgage (which is not a problem!)

I vote for replacing the windows now rather than later.

Now months later, I've built my buyers list, established way better relationships and really got myself in line with well, myself.

Then you have options down the road to sell 2 or 3 homes later to buy your first mf. 

Now, it's almost a month later, I have contacted her twice already, and she keeps apologizing and saying the bid is coming.Time is quite literally money here.  

I've also had more than one lower-income applicant (who also later became my tenants) come to me after they saw the "for rent" sign in the front yard of my property. 

lolAs an example, the federal banking regulators, including the OCC, last issued a big written warning about CRE concentrations in December 12, 2006, when the most commonly referred-to guidance regarding CRE concentrations was written:https://www.fdic.gov/news/news/financial/2006/fil0...By then, it was too late to turn back...The only reason I would know that this announcement is not even MORE later than it should be, is if all 3 federal regulators - OCC, FDIC, & Federal Reserve - had agreed.

There needs to be good light where cooking and food prep occurs.It is costly to add plumbing and electricity later, so placing such in the right places from the start, in anticipation of future needs, is a good idea.