And this is all assuming you pick just the right price that you don’t sell it for less than it’s worth or it lost it for too much and it sits on the market for an extra month or two. 

I finally found another duplex a few towns over that had been sitting for a while, it was badly advertised.

Admittedly, I am eager to find the right property and invest my capital to begin generating returns so sitting on a lot of capital for months or years seems wasteful.  

A 30-year fixed rate mortgage is currently sits around 6.15% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

We got a really good deal on it because it was sitting for a long time and we came in under asking direct to the agent for the seller.

And they sit there, reminding the prospect about us every time they open it.I completed a $5M sale of a company about 3 months ago. 

The stuff that sits tends to be over priced junk in junk areas, or that have some issues with the listing, curb offers or what have you. 

However it has a trash bill due from 2006 to current that is $4,700 ...mind you , this property has been sitting vacant for many years not receiving any trash services but getting charged for a lot of empty land.

And it was uber basic and tied to yester-years market of buy low and just sit. 

I would guess if you went there you would see its sitting.