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Updated over 6 years ago,

User Stats

10
Posts
2
Votes
Lamar Lamont
  • Charlotte , NC
2
Votes |
10
Posts

Charlotte Investing Options? (Newbie)

Lamar Lamont
  • Charlotte , NC
Posted

Me and my mom have around 95k in savings/inheritance. I was also approved for a loan of $192k. I’ve been making offers on duplexes at around the 200k price range, but have been losing to cash deals. I’m not going to give up hope yet, but I’m curious about other options. I was thinking of buying properties in surrounding areas like Concord or Gastonia for 20k or so to flip. Should I keep up my search for a multi-family in this hot market or go for flips? Also, are there any good meet ups for a newbie like me to find deals? Thank you.

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