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Updated about 2 years ago on . Most recent reply

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3
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3
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Michael Foss
3
Votes |
3
Posts

First Time SFR buyer in Charlotte

Michael Foss
Posted

Hey guys, Looking for some advice on SFR investing in Charlotte, NC. What type of returns are ya'll targeting? What neighborhoods are decent? Looking in the $250-$350K price range. Min 4 BR homes.

Thank you, Michael 

Most Popular Reply

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224
Posts
220
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Jon Puente
  • Lender
  • Charlotte, NC
220
Votes |
224
Posts
Jon Puente
  • Lender
  • Charlotte, NC
Replied

Hey Michael, 

I am a local mortgage broker here in Charlotte, NC! I own 2 homes currently here and am familiar with the area.  I HIGHLY recommend you talk to @Stephanie Walker pertaining to investing and the midterm rental space.  She is amazing!

She will be able to show you some of the CoC returns and what she is getting for her rentals at the moment. Hint: The outer markets perform better than inside in Charlotte.

Great Question! 

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