created just to transfer money. Of course, IRS may check but if you do everything within law, they can’t do much about it. That’s why you still have to use an industrial standard 1.5% 5Y fixed reverse amortization loan from your Corp to yourself. To the corp, it’s doing a profit-making business. To you, you get a low interest loan from your own corp. You should not miss payments because otherwise the corp (your bank) will have to foreclose on you. With 1.5% rate I don’t think you will ever miss payment. After 5 year, do refinance to conventional loan or restructure another loan with your corp. The key to understand is, even though the Corp is making money on YOU, but it’s your own Corp, money still flows within your own pockets. By 59.5 age, your Corp can buy back the shares from ESOP and you can start to withdraw money out of it.

1) When most people exclusively talk about stock and how easy it is to make money there, a sign of top.
2) When your conservative friends or relatives start to ask you for tips on trading stock, a sign of top.
3) When attending parties, the first thing they discuss is how much they made from stock market, a sign of top.
4) When media is touting that we are starting a “new era of innovation” that will herald in an unprecedented prosperity. A sign of top…

No, not now, 2-3 or even 4 years later.

http://money.cnn.com/2007/06/14/real_estate/housing_market_affordability/index.htm?postversion=2007061510

http://www.realestatejournal.com/secondhomes/20070615-hoak.html?mod=RSS_Real_Estate_Journal&rejrss=frontpage

If 10% down can make you positive cash flow, great.
If not put 20% down. If still not enough, put 30% down. What other choice do you have when it comes to investing. The bottom line is trying to put down as little as possible when you can, borrow as much as possible from banks. The even bigger bottomline is not to kill yourself with unbearable negative cash flow. If the negative cash flow is only 200/month, and your income is enough to make that small loss insignificant, then, still go ahead and buy it.