I have no illusions about instant RE riches, but I would like to be able to make a living at it.I've scheduled the past few months as my RE education period.

Both investors and homeowners love buying something with 'instant equity'.But I agree with the other posters here.

In a situation like the one you mention, I can't imagine why the buyers weren't interested after an instant price drop of $25k.

I was recently lured into the web of the instant riches of bulk REO, only to find that, while many talk about it and supposedly are dealing in it, few are actually finding success in that area.After developing a few good connections with investors, and a lot of soon to be forgotten not so good connections, I decided to get back to basics and just observe and learn for a while in the hopes that doing so will also allow me to develop a network of people who are already successful in the areas of residential and commercial investment.I am 51 years old, and actually backed into the mortgage business in a round about way 4 years ago.

REA couldn't see the forest for the trees: $50K in instant equity for a $4K deposit against down payment.

If any of you here are in Atlanta and you ride, then you have an instant friend in me.

. $5000 down, owner financing available, instant equity.

Instant Equity - this is the equity that you have at closing.

I do all the setouts myself.People don't usually just hand over a property with $200,000 of instant equity unless the owner or property is distressed.

I don't know how but now the Chicago Association of Realtors is using our site and I called the folks there who didn't know my name, but recognized my site instantly.