Is it possible to take a equity line of credit out and purchase a smaller house and rehab and flip with the equity money?

There are some other things, pvc drain pipe from kitchen is broken from the sink to the sewer line, replace the gas water heater with a electric, a couple broke windows, storm door.

Like all cash just said non competes dont do a whole lot in RE.I have a feeling what the dad is wanting is not a non compete for one deal, I bet he is wanting you to sign something so you don't compete at ALL in your area.

They check that value using recent sales to make sure that it is in line with what the market is doing.

Found a great article and had to share:

http://www.realestatejournal.com/buysell/markettrends/20070315-hagerty.html

Regards,

Scott Miller

I'll place my bet on loss of revenue for someone!

My county does not have the info available on line.

If the water smell rotten, it has sulfter and I believe is only curable with a carbon filter system of some sort.If it is just brownish in color, like suggested previously use an in line water filter BEFORE the air pressure bladder.

But I do bet hubby becomes much more supportive when your "dream" pays the bills in the house.

stuff like that happens all the time - bottom line is you don't know the details and by that deal not happening, you probably saved yourself a lot of money.