I do lots of deals in Texas and Zillow and all other "instant" valuation sources are so out of whack, if I did deals based on their numbers I'd lose my shirt.Another challenge with "instant valuations" is that they don't consider model comps.

While, if successful/lucky, a winning deal in a tax deed should give at least 70% instant equity (which seems to be the min. qualifying #) this is not redeemable until the title is "quieted."

Instant equity!".

I get the property with an instant 30% equity that I immediately sell, pay off the first and second mortgages, or alternatively rent it out.

The whole point of not going to my closings was that I didnt have to waste time going and I didnt have to collect a check that would time to clear...I could get instant money.....Guess not.

The stock market is very nearly an efficient system (that is, there are few real "deals" out there, because changes in a companies value are almost instantly reflected in its price) so your only real source of income is long-term appreciation (or maybe dividends if you go with a more conservative portfolio).

No instant riches.

It would seem that this is a positive, instant cash flow and all.

•INSTANT EQUITY POSITIONS Up To 30% *All Investors Must Meet Three Requirements:1.640 Mid FICO or Better2.

In other words there is instant equity.Question..1 Is this common place?.