Deja vu from 2005-2007..........Yes, you need to leverage your equity to keep moving forward....wont argue that....but to pull out ALL your equity to go buy more properties in a very high market, sounds like a huge gamble to me..... use the leverage....hell yes.....but using ALL of your equity is a huge ALL IN bet..... you better be able to back it up if there is a big correction......Guess I'm just a wimp.....hope you are right.......

They are then faced with gambling that rates will stay low until they can refinance or sell the asset.So how do forward commitments work?

., anybody who thinks that Bitcoin is anything more than a gamble at this point is out of their mind.

Or you would be forced to sell at a greater loss than you now face.Although real estate investing at the best of times is high risk what you face with this property, in my opinion, is a 100% gamble.  

However the market is to seasonal and it would be a gamble to see If it would work. 

You need to look farther out to the south and Midwest for cashflow if that is your strategy and you aren’t afraid of gambling for appreciation.

I've never structured seller financing.I've thought of a near full price offer with interest only for 5 years (a little gamble that rents will continue to rise and values will at least stay steady) or the financing and paying them $225ish.The owner said my proforma seemed faulty accurate (I lose $206 monthly after moving and fully renting) so there needs to be wiggle room for win-win here.Asking the BP universe: what offer methods and tactics have you found to be most successful?

I got a wife and 2 kids, I don't think that gamble is for me... thanks for the quick reply 

All we know is now, and everything else is a gamble, so if you can afford to cash out refi now, now is a good time.

Then contact that person to confirm the letter's authenticity.