Investing In Real Estate " All About The Equity "
Here you wil find real estate investing opportunities that will dramaticly increase your net worth.
Friday, December 5, 2008
Great Opportunity for building Net Worth
Currently this home is priced for 50kThe current estimate value is 186k
This property has an estimated equity amount of 136k
This is a 4/1 with 1276 sq ft of living space
The following properties which are within a mile radius were sold in the past 90 days
On 10 /28/08 this 4/2 , 1778 sq ft home sold for 147k est worth was 204k
9/30/08 this 4/2, 1329 sq ft home sold for 260k. Est worth at time of sale was 254.5k
9/30/08 this 3/1, 1945 sq ft home sold for 260k. Est worth of home at time of sale was 277k
9/24/08 this 4/2, 1408 sq ft home sold for 250k. Est worth of home at time of sale was 243k
This week deals

Currently this property is 45k and the estimated value is 183k.
This is a 2/1 with 872 sq ft. of living space
The estimated amount of equity in this property is 138k.
Other properties within 1 mile radius sold recently for the following prices
2/1 sold on 7/28/08 for 200k
2/1 sold on 7/10/08 for 180k
3/2 sold on 10/21/08 for 205,000
3/2 sold on 8/21/08 for 230,000
3/2 sold on 8/4/08 for 265,000
As an investor, you could convert this home into a 3/2 and increase the property value by as much as 30 to 40%
Also as an investor, you may hold on to this property and leverage the equity or perhaps just add an aditional 100k to your net worth.

