I am typically on top of things where I do not let anything sit when the City review comments come back.

"The Bronco ridden in by Simpson... now sits in a crime museum in Tennessee, parked near a Volkswagen Beetle that was driven by serial killer Ted Bundy."

Also look at what similar turnkey homes are up for sale for and if they are either sitting or in contract/what they are selling at.

Often, I have cash sitting around between opportunities and have looked all over for a bank that will hold the cash in some kind of interest-bearing account.

These are all ways to add value, maybe when you bought the home for 200k, it is worth 225k, then you put that 25k difference into renovations, and now maybe your home is worth 250-300k…I would sit down and write up a detailed plan and talk with the right people before shopping!

Just refi back to 20 or 25 years so your P/I works versus the future property cashflow.I would not sit and wait for a higher paying customer. 

I love when I find a property with a big mortgage, the home owner walks away voluntarily and I get the mortgage removed with my quiet title suit.   

Much of this type of business simply comes from portfolio management, tweaking a portfolio by one entity releasing inventory and acquiring more, it increases the yield by conducting exchanges over having a note sit there paying to maturity.

Many banks have been sitting on 2nd liens for awhile now due to compliance, regulations, and other third party risks.

It was sitting on the market.