Posted on August 04, 2009 by admin

I’ve seen investors buy properties at 30, 40, 50% of the current appraised value. This was once mind boggling to me. Why would a seller give up so much of their equity?

You never know what type of situation a seller can be experiencing at the time. But as investors, we can become the solution, the breath of fresh air for the seller. Of course a seller will try and get all that they can for a property, and they should. But as investors, we are looking for the great deals, this is how we make our money.