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Updated over 1 year ago on . Most recent reply

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7
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Mitchell Mattingly
  • Charlotte, NC
17
Votes |
7
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New Charlotte Investor Looking to Connect

Mitchell Mattingly
  • Charlotte, NC
Posted

I'm a new investor in the Charlotte area looking to acquire my first house hack in the next couple of months. My current plan of action is take advantage of the owner-occupant down payment options by purchasing a new house hack each year for the next several years. In between these house hack purchases, I love the idea of using creative financing strategies to scale my portfolio without the bottleneck of needing to save and deploy large sums of capital into each property.

I'm at the point where I have read just about every real estate-related book and listened to just about every real estate-related podcast, and am now looking to connect with other like-minded investors / real estate professional to share ideas and take action.

Thanks everyone - looking forward to connecting!

Most Popular Reply

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Replied

Hey Mitchell,

I just bought my first House Hack up in Kannapolis a little over a month ago. Reading is about the best way to go if you don't have a mentor.

The Charlotte area is pretty expensive so you'll definitely have to run your numbers, but don't be afraid to look a bit outside of Charlotte. The Concord area is heavy with Atrium Health and other hospitals which could be a good area for mid-term rentals. Lots of building and growth is planned for lesser known areas right outside of Charlotte as well which could be really good longer term plays.

Definitely lots of options! Good luck!

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