Real Estate Advice

[jsarno]

Originally Posted by canthetuna

I'm excited. I close this week on my new house and were spending 280k. Our appraisal came back at 370...

I know its a weak market here, but its nice to know Im starting out with a little bit of equity, according to all comps and data...

WOW...that's a great deal for you.
Fix it up a little, add some things here and there that make it more appealing to others, and you could easily get a return of 100-120k. Congrats man, you hit the jack pot there!