@Kenneth Johnson  google 45 Aiken st Charleston.. this was a total hood infiland I sold it to Shep  the reality star on Southern Charm.. really cool 4 story pad.but he got a steal he bought It before the prices went up like crazy I bet he has made 200k in equity in the 3 years he has owned it.. then my favorite little street is woodal  look at 6 woodal 7 woodal and I think 3 wood all those are all mine.

We already have close to $100,000 in equity on this property.  

This will raise the yearly income by 8,400 dollars and when we refinance they will be using the income approach which will get me to 84k in equity out of the 110k needed.

A 5k new roof doesn't necessarily add 5k in equity to a house you paid 20k for whereas in an A neighborhood your rehab leverages the value to get into a whole new class of retail buyers.

Basically, you gained $100k in equity.

I guess my morals come into play a little bit sooner than some of us, and I believe in equal opportunity for housing.

Currently I still have about 50k in equity "leftover" after I bought out the X and the house is almost completely upgraded (new Integrity windows, fiberglass and wood doors, replumbed, new driveway, re-insulated attic, new bathroom, new 300 sq. foot office downstairs, new septic put in by seller in 2000, new paint in and out etc.).

I am debating if I should sell my current home, realized strong growth in equity in the past 1.75 years of owning it, amounting to $230,000 - $380,000 (low sell / high sell - according to my thorough research).

It appears he has about 200k in equity, with only the primary mortgage outstanding on the property.Since I am personally a ways away from having any sort of substantial down payment, I'm thinking that he might be able to carry the loan?

Here is a tip that may  work for you ------- THE 50 HOUSE RULE: Make it a project to look 50 houses, with a self pledge NOT TO buy or make an offer on any of them - your objective is to study the market, keep a journal - in it list every property you look at, the square footage, the price per SF, the agents' listing, any comments the agent or the seller makes, keep good notes -After awhile you will discover some very interesting things about this project, 1. you will become aware of values, 2. you will learn how to detect motivation of sellers and agents and 3. this journal will be a valuable asset when you are more aware of the market and you will be able, after you are a little more educated, be able to make intelligent offers that will pay off in equity or cash profits.