Charlotte Newbie- looking for market advice

[Abigail Helfer]

Hello!

Thanks for taking the time to read this. I would LOVE your opinions on the Charlotte market.
My husband and I currently own multi-unit property in another state, but will be moving to Charlotte this summer for work. He is transitioning out of the military, so we will have our VA loan to use.

We are primarily buying multi-unit property in our home state but we would like to make an investment purchase in Charlotte as well. I know the market is super hot there, so I would love to know what is working for you.

We've thought about buying a duplex or small multi and living in one side for 2 years. However, I've noticed that the cost of multis are super high in Charlotte. 

We are also looking at a live-in-flip, but it seems those can be hard to find as well. 

From your experience, what is the best way to go for this hot market? He will be working in Charlotte, but we are open to moving into one of the neighboring areas if we need to.

Thank you!

[Harry Marsh]

Crazy hot market around here:  highest prices ever, type of thing.  
I tell 'new' investors that the 'right' investment might be not making one, and waiting for a dip

Or, if you have to do it, be picky and look for the best deal that comes across your plate.  It might be a multi-unit, it might be a $300k house you can live in and flip, or it might be a $20k house in Gastonia that you can turn around for $50k
If you make one thing work for all situations, it likely won't work as well as something else could ahve

I'd tell you to come here and attend some of the local real estate groups: Hobby Millionaire, Charlotte Real Estate Investing, etc, REIA: most of them have weekly and monthly meetings

I see every way people invest in Charlotte, as I do their real estate closings.   Everyone has their niche and many people make it work in their own way