You can also find many examples in the forums of people experiencing poor valuations due to lack of comps.

Most people are not rich there, look at the cars. 

There are a bunch of reasons people sell a property.

The equity is actually what you are paying for the property.In this case let's look at the numbers that count,...the current numbers.You have about $500k or more in equity, which is buying you a property that's worth about $700k (I went with the lower PV. 

People’s Republic of Asheville is more concerned with STR regulations than people living in boxes on the streets.

lol not sure what I am getting into this year but always looking. really trying to grow the unit count. i probably won't do a flip.

“Jorge, you’re speaking my language here—efficiency is the game-changer, and every move counts.

My biggest issue was the fact that I couldn't count on emails actually getting through.

So the value and equity of the land you have counts towards the total value of the deal.

I’ve been investing in RE for 10 years and hitting 19k/month profit not counting things breaking or vacancies.