I make darn sure that have the flexibility baked into my plan so that I can take as long as it takes to buy a deal that makes sense and moves me toward my long-term goal of building a sustainable, massive, passive real estate portfolio, one property, and one year at a time.After that next purchase, it will be back to working hard at my career and other professional pursuits, and combinging my professional earned income with my passive income from other real estate investments to buy the next, larger property 12-18 months later. 

I could get a bridge loan for 6 months until I can HELOC the house and pay off the bridge loan but why would I want to incur massive fees like that when there are easier methods to achieve the same goal?

We're talking about investors with massive portfolios and/or capital here, who pay with cash then refinance their money back with appreciation and just hold onto the asset. 

Believe it or not, I went on a massive buying spree the previous two years.

Would it still be a good deal with massive termite damage?

If you all were able to negotiate a massive 35%-40% off the asking price, it would instantly turn into a good deal though.

Real estate investing is great because we're not necessarily re-inventing the wheel - not that there isn't a massive amount of creativity put into getting deals done - but the general mechanics are relatively straightforward and have been done thousands of times for centuries.

I went massively over budget and my comps were 65k lower than i was asking.

Property values in eastern MA are mostly back to 2007 levels and in some cases, higher.I'd want to see what the condition of the property is to see if you might have any equity in them, thought I expect that there would be massive back tax bills in addition to the back payments.You might want to figure out the current property value and talk to www.naca.com to see if they have a program to help.

A massive amount of product is coming on the market simultaneously, and I see "for rent" signs and concessions offered all around.