Will,My offer was $64,500 she countered me at $119,000 sorry for the confusion.

Your wording has got me slightly confused on the subject.

Hello BP Members,I must say that reviewing the threads of this post made me a bit confused and I would very much appreciate a simple clarification.I am a newby to real estate investments and about to start investing, together with a partner.

Don't confuse Heat Pumps with Electric heat.Electric heat is just that, heating elements that get hot when high current passes through them, also known as resistive heat.A straight up electric furnace, using resistive heat, is an expensive way to heat a home.

Kyle,You bring up an often confusing topic for most investors.

joel, sorry for the confusion.

I am a little confused by my observations.

In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we're going to try the whimsical name approach. =)The first house is going to be a tear down, so we won't properly get started with that until probably next month when we get the plans ready and the city approves our permits (I expect permit approval to take 30 days)In the meantime, this house I can start talking about.

He said there's equity but that confuses me a little.

I'm confused.