Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

170
Posts
21
Votes
Alvin Grier
  • Detroit, MI
21
Votes |
170
Posts

Listsource and their Equity Calculations...

Alvin Grier
  • Detroit, MI
Posted

Listsource told me that their equity range criterion is an estimate/calculation based on the date of purchase. 

I'm interested in obtaining a "100-to-100" percent equity list from them, where there is 100 percent equity in each property in the list. 

To me, by definition this should include:

1.  Properties purchased w/ mortgages that have subsequent mortgage discharges on record with the respective county, and..

2. Properties bought with cash.

My goal is to have confidence that the list I want (of properties with 100% equity) includes properties bought with cash.

So I understand how they identify properties that meet the first criteria; but what about the second one?

The only thing that makes sense to me, is that they single-out purchases where there's no coinciding mortgage on-record.

I asked Customer Support, and they say they're going to "research" this and let me know how they identify cash purchases.  

But I was just wondering if anyone on this forum might know the answer, in case I never hear back from them.

Thanks

Loading replies...