The current owner had to bring nearly 250k to the closing table due to being upside down.Fast forward 10 years later and the house has recovered it's pre 2008 value and it's fully paid off.

I know many strategists say to ignore market fluctuations and just keep investing for the long haul but I just felt at the time that it would put me at a huge advantage to wait for the correction then jump back into the market rather than see my investments slashed and have to try and recover.

If you lose it, it is not such a large amount that you cannot recover.

I could recover from a mistake of 27K a 250K mistake takes longer.Educate yourself here on BP and go to meetups and REI groups to listen and learn.

Wish you had more interviews that talked about mistakes people make, what they learned from them and how they recovered.  

If you can't do the math yourself then you are not ready.You are lucky you are losing only $30k because that is a cheap lesson and an amount that will not take long to recover for even low-income earners.

Maybe it is their fault, but not sure you can do anything to recover any loss from them.You could try to file on your insurance I guess, but you may want to check your deductible first to see if they will cover anything.

I want to thank you for all of the people who are able to see through the mind control because of this statement you have posted.On a different note I am glad you are recovering from Covid.

For the two condos in Ecuador, we are searching for long term tenants as their tourism industry is going to take a while to recover.

Such rip offs really need to be reported and often money is recovered.