Low Equity Deals... When Do You Take 'Em?

This is the first survey I’ve set up with this software. Let’s see if this things works…

when I really like the area and property and see that there is a real chance of long term appreciation

NEVER!!! I would never buy a property without equity NOW! Why should I? There are too many good deals out there to take bad ones.

Mike

You don’t. In the current economic setting, getting into low equity deals is going to be very similar to cutting your own throat, especially if you aren’t already an experienced investor.

Better to just give the seller some cash and wish them luck. You’ll lose less money and it will be far less stressful on you.

Raj