MTR-Fully Furnished suburban property
Investment Info:
Single-family residence buy & hold investment in Charlotte NC.
Purchase price: $251,000
Cash invested: $51,000
MTR in a suburb of Charlotte NC- bought as a turnkey property. Property manager identified the property.
How did you finance this deal?
Conventional loan- 20% down
How did you add value to the deal?
Fully Furnished
Most Popular Reply
Bonnie Low
#1 Medium-Term Rentals Contributor
Pro Member
#1 Medium-Term Rentals Contributor
- Lender
- Asheville, NC
- 1,802
- Votes |
- 1,976
- Posts
Bonnie Low
#1 Medium-Term Rentals Contributor
Pro Member
#1 Medium-Term Rentals Contributor
- Lender
- Asheville, NC
Was $51k your all-in including furnishings or did you buy it furnished? I'm curious who you're marketing to and what your property configuration is. We love the Charlotte market as well.