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Charlotte North Carolina real estate investing

Mecklenburg County, NC                                      

The Greater Charlotte Area

Heather Greenwell, managing partner of Southern Home Building is our affiliate partner in the Greater Charlotte Area.  In conjunction with Heather, our goal is to locate private communities and bargain with the developer who owns the leftover parcels to sell to us at a bulk discount rate.  Using our discounts from suppliers and the fact that material has come significantly down, we can build on these parcels for a lower cost per square foot than most of these developer who not only have about a 13% markup above cost, but also 8% to 10% in overhead contingencies.  Our criteria is simple.  For instance, if a development is platted in 50 homesites, we prefer to keep the number of investment property or "rental property" down below 20%.  This ultimately provides our customers with a less competetive exit strategy. 

With our cost to build typically much less than your national builders, our homes typically appraise much higher than what you purchase it for.  Our most recent transaction was a purchase price of $165,000 with an appraised value of $184,000.  that is over 10% walk-in equity on the first day of ownership.  With our specialty in Charlotte North Carolina investment property we can assist in any real estate service you need.  For those looking for relocation real estate in Charlotte, North Carolina, we can customize any floorplan to your specifications and/or assist in finding you an affordable home for you and your family.

Other services we can assist you in with Charlotte Real Estate:

  • Charlotte Residential Real Estate
  • Charlotte New Construction
  • Charlotte Investment Real Estate
  • Charlotte North Carolina Real Estate
  • North Carolina Real Estate

 

 

 

 

 

 

 

 

 


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Florida REO Investing

 


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