It will take a whole lot more people to be in that "irrational exuberance" bucket to unbalance the economy, unless of course a major event on geo-political level (such as N.

If the refinance unbalances their financial equation, then selling the house and using the proceeds to purchase a new one is probably a viable answer.Look into FHA options, or even VA if they happen to also be military.Good luck.

My question is, I'm trying to research what average renting in the area is but I'm unbale to find anything to rent since it is a smaller town, so I'm unable to get an comps.

I had a deal on a duplex for 80k a year back and was pre-approved for a loan higher than that, but once the contract was being written my financing fell through due an unbalance income-debt ratio.

My name is AC Cara from Stockton, California and looking to achieve financial freedom via buy-and-hold rentals to allow me to spend more quality time with my family, travel, pursue music production and learn the best way to build wealth.I’m currently in the daily grind of job/life unbalance and after hitting midlife and then waking up from gliding through life unconsciously and misguidedly, I now understand what is most valuable, time; Time to fully live life as it was meant to with family and pursuing Gods purpose for me.

Or were many of you left with tenants that were unbale to pay their rent?

You should factor the rate volatility into any project you are contemplating and make sure you are not going to be in a position of being unbale to refinance out of you bridge loan due to insufficient debt service coverage.

Of course this isn't true for people with actual chemical unbalances, schizophrenics, and sociopaths.Now, I'm all for capitalism, Milton Friedman is my favorite economist, but here is the main difference between capitalism and socialism and even better, anarchism.Capitalists believe that people are motivated by greed, profit, money.

I'm not even sure that doing that will make the house last longer, or less, since the house is done settling, that would probably structurally affect/unbalance the rest of the house too.

All these unbalances in the markets will start to swing.