Good  Afternoon,I figure that I already know the answer to my question , but still want to get  more knowledgeable and expirenced members on here's confirmation .....So, if we Purchase a property for $100,000 and we put 20% down ( so $20,000 ) , we then will theoretically have an " Instant "  amount of Equity in that property of $20,000 correct ?

It is being phased out over seven more years but I've found that if you found a seller who is unaware of the roll back in taxes or that they can put structure in place to reduce commercial rate on multi-family to residential rates that you can buy a property and generate instant appreciated value based on the lower operating expense and higher sales value.I think the Quad City (Davenport, Bettendorf, Rock Island, Moline) market is a great place for an investor to find some good deals.

If I go to Ruth's Chris it better be perfect for that kind of money or they will know about it instantly if standards are not being met.I was in that business over a decade in all facets so I know more than most about that business.

Train the tenant to expect strong action on emergencies, and reasonable action on other items rather than instant response - otherwise, you will run yourself ragged or broke.

They asked if my parents could possibly cosign and I instantly answered, "no."

I figured with the price and condition of the house along with the instant equity it would put me in a start to real estate investing.

The tenant will have an instant reaction as they enter so the first thing they see should be a clean "WOW" factor.

My brother and his girlfriend are going to get an FHA loan on the first house and we are all going to live in that for a year, then me and my girlfriend will get an FHA loan for a 2nd property and we will all move in that one and let the first one cash flow for a couple of years. 3 family houses in CT where I live go for around 200k so a 20% discount would be a 40k discount and instant equity.

I'm an "Instant Gratification" kind of guy.

I would pick whatever option results in the highest amount of cash for you and the smallest payment with no balloon.With the cash, you can buy foreclosures for example that may not qualify for any kind of traditional financing and it would likely give you the most amount of almost-instant equity.