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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (304181)2/12/2011 7:59:11 AM
From: MicawberRead Replies (2) of 306849
 
with tons of equity going into the deal

John, I want to make sure I understand what you mean by this phrase. Does it mean that you are buying with virtually all cash and very little debt? Or does it mean that you are buying so far below current market, that the difference between your purchase price and the current market value is considered equity? Or both?

Thanks.
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