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hey can someone explain to me if i bought a house for 60k but if i had it estimated, it would be worth at least 100k but its not a forclosure, would it mean i have 40k instant equity even though i didnt pay for any payments yet? or do you need to "build up" your equity by paying your bills over time in order to have that 40k equity? someone who knows the answer to this question please let me know. HAVE A GREAT DAY! THANKS FOR CHECKING OUT MY QUESTION.

~mil

I am looking for someone who would be interested in partnering up to flip homes in New orleans, La. If anyone is interested you can contact me through my profile.

I am scheduled to look at 2 properties with 2 different Realtor's I have been totally upfront with both and how this happened.
They want me to sign a buyer's contract with them I am not sure that I am sold on either one yet.
I don't know if they understan all that I am doing.
But I do not want to start out with a couple of realitors ****ed off at me right away.
Both properties are multi units that look like they will carry the finacing after purchase and I don't have enough for all of the down payments.
I might pushing it one just one.

I am very new here and trying to get my feet wet. I have talked to several people and they all keep coming back with "Don't you need a realtors license to do that"? From what I have read thus far I don't see anywhere that it says you do. But, if not, how does this work and how does it differ from what a realtor does? Is it different depending on what state you are in?

Thanks.

can a new warehouse being built effect the local market?