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Updated over 5 years ago,

Roger Verastegui's profile image
Roger Verastegui's profile image
Roger Verastegui
  • Real Estate Agent
  • from Raleigh, NC
  • Member since Sep 2, 2018
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User Stats

32
Posts
5
Votes
Roger Verastegui's profile image
Roger Verastegui's profile image
Roger Verastegui
  • Real Estate Agent
  • from Raleigh, NC
  • Member since Sep 2, 2018
Connect
Roger Verastegui
  • Real Estate Agent
  • Raleigh, NC
5
Votes |
32
Posts
Real Estate Deal Analysis & Advice

REO foreclosure in Charlotte, NC

Roger Verastegui
  • Real Estate Agent
  • Raleigh, NC
Posted

Investment Info:

Single-family residence buy & hold investment in Charlotte.

Purchase price: $144,000
Cash invested: $33,000

Bought off an auction site, it was an REO foreclosure, took 5 months to get occupants out, and then proceeded with renovations in March. Major renovations took place between March and May, right now I am living in the house and plan on renting it out to student renters in August.

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