Finally, you're extremely sophisticated Jay so you might prefer a LOC to access the equity instead of the outright refi...gives you more flexibility.  

I see that you are just down the road from me in VA, but I was unable to access Virginia's website this morning... perhaps their site is down at the moment?  

If you happen to see some appreciation consider it a bonus on top of the great ROI.We have many great areas to focus on but one must be careful because our market can vary greatly block by block sometimes within the same neighborhood.I'd be glad to show you around when you arrive.

There is a Catholic church a block away and a brand new elementary school two blocks to the south.

I can put in my own offers and I can access the MLS to pull comps.

Your least expensive way of getting knowledge, access and opportunity with Full access to the MLS to research.Let me know if you have any questions that I can assist you with.Regards,Joe Scorese

Great deal on the smallest, most beat up property on a nice block type of thing gives you lots of upside.

If you're an agent and you really had access to these amazing deals, why would you just take a 3% commission for it as a broker?

Hey Michael - I see these around on zillow every once in a while too (and it makes me wish I had MLS access to double check it).  

You could always open a HELOC if you need to access that money in the future.