Looking to learn about out of state investing in North Carolina, connect with property managers, agent, and lenders, and finding investment properties. 

Buying a property without equity…. means that if you had to sell.. you will taking a loss equal to AT LEAST…all costs associated with selling.Selling a $400,000 property that was bought in the last two years means that AT BEST… the equity is equal to 75% of the down payment. ( this is a rough statement and anyone who wants to crunch the hard numbers is very welcome to post them)$400,000 buy… $$60,000 -$80,000 down… $24,000 to the buyers agent… and another $5000 for other closing costs.Starting balance ..is $370,000.New selling /asking price… =$450,000 depending on the region… good luckBuyer counters at $400,000 and the seller accepts…Minus the realtor fees $24,000 and some concessions…$10,000 ..Net is $366.000 Ok this is a very rough discussion.either provide tighter numbers or accept the drillThis seller got out lucky.And didn’t account for the interest paid out or the new carpet , paint dishwasher and sod.Buy a business with equity….

I see on your profile that you are a residential agent, are you here in Dallas?

I also was referred to fantastic handypeople and other great folks like attorneys, agents, and lenders who helped me along the way. 

Talking to a real estate agent to find the property?

Thanks Obed,To find the anchor tenant I worked with an agent I 've worked with on a few deals in the past.

The "sweat equity" will come from me finding fix and flip deals and working with a team I've assembled (agents, attorney, contractors, insurance agents, etc.) to closing deals.

Hello, I am buying an investment property for a first time from my agent.

My real estate agent turned us on to the property after we told him what we were looking for.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?