Updated about 5 years ago on . Most recent reply
Charlotte Income Producing properties
Advice for small portfolio property investors for rentals and commercial, pros/cons.
Bought my first rental at 19 and currently in class for my Provisional Brokers license working toward my full license after my post licensing courses. The rental is a 2 bed 2 bath condominium for $175,000 overlooking Lake Norman with the surrounding condos with same layout going for 210k. Condo needs TLC, paint, trim, a little updating, etc. I was approved for a FHA loan requiring only 3.5% down, will be living in one room and renting out other. Want to eventually take out a HELOC to use as a possible down payment on another income producing property. Want to eventually work my way into investing in offices, apartment complexes, shopping centers etc. Any advice or tips for my goal and path is much appreciated.