My wife and I have found ourselves in a state of "analysis paralysis" and are in dire need of some "Rent or Sell or Other" help from someone (or someones!)

I had more than on contractor borrower of mine that finally figured that out got enough equity from relatives and now they are doing quite well and no way we can compete with them.but you start moving up north of 750k to purchase and unless your in the Bay area or prime LA  that does knock out a lot of competitionand you also have to remember this poster is paying CASH  HUGE difference as she has no cost of capital most of us need to borrow and if your borrowing HM which 95% have to as banks really don't service this niche ... her carrying cost ona say 700k project would eat up 20 to 30k EASY.. 

It compounds your problem because even tho you can have excellent cash flow they won’t account for it in your debt to income analysis.

One the sale is complete it will say "SOLD" under "EVENT" with the final sales price. 

I completed the analysis with a $30k decrease in price at $215K.

Eventually he disappeared when I finally started looking to replace him, and I had subcontractors showing up looking for him, because he owed them for other jobs.At this point we were 75k over budget, and only had $75k left in funds, and I was paying $7 to $8k a month on mortgage interest.

He finally sold his 77 Cadillac Sedan Deville and bought a Suzuki Verona in 2007 that he still drives today.

Making money on the buy is an old saying, but it is really making equity on the buy.My final comment "Lastly is you make money on the buy not the sell." regardless of it's age will withstand the test of time for the simple reason that purchasing properly regardless of market conditions greatly enhances your odds of having equity.

I finally convinced my wife to get into a multi-fam...good luck. 

I called around 20 small banks before finally finding one who does this.