Paying off the loan "instantly" gives me a 24% CoCR for the next 6 years.It has no effect on my DTI since I apply for new loans personally and the student loan debt is in my wife's name.The price of real estate in my area is all over the place.

A 3rd seemed to know the guy selling and I believe did him a favor by instantly jumping to $7,000.

The savings were usually not realized instantly but within 6-12 months.

You receive the payment instantly.

I realize there is guru accounting, but this is reality in providing any financial statement to show financial positions under various legal requirements.So, really, buying a great deal doesn't really give you instant equity. :)

I took the time to read it, and was instantly hooked on the real estate business.

You should only invest in deals where you have a blatantly obvious instant equity and/or immediate positive cash flow.

Instantly, you know this person has no staff, little or no help, and limited resources.

But not bad at all.The bank is taking bids for another day, so we'll look at the inside tomorrow and need to make an instant offer if we're interested.

That is an excellent quality to have in REI.In your initial description you said, "I am pleased to say a family friend has chosen me to handle their short sale" This threw up red flags for me instantly.