Maybe I am young (25) and naive but this seems like drastic overeaction.I seriously doubt with every bone in my body we need to be stocking up on guns, ammo, food, safes...etc.It's almost laughable.I think we are heading into tough times with a depression looming but come on....Maybe I am just to sheltered in the nice rural town I am living in right now.All you guys are fairly logical and to my understanding aren't total wack jobs.

We have a wonderful house of our own and we both have great jobs.

We have a wonderful house of our own and we both have great jobs.

What do you think will be the effect on the rental market when illegals in the south west states start going back to Mexico because they can't find jobs?

Those of you who learned real estate in the last 10-15 years are out of your element, and should probably go get jobs.

Get an extra job, work hard, do what's right, and pay your bills even though you take the loss.

Those jobs should be a public service, not a career.

The supply is insane there (hence the 45 of ARV and ability to assign) and the area is losing jobs as 17%+ of it's employment base was dedicated to construction.

Its conservative, but I have a steady job and some cash.

Since its a refi, it will be easier, provided you have decent credit, a job, and the property has a good apprasial.Getting money in the loan for working capital will be tougher.