All Forum Posts by: William H.

Hey Matt,

I like Dale Fussell. Always a very quick reply and quick closings. He did a cash closing within 5 business days of notice for me once. PM me for an email address.

Contact:

R. Dale Fussell, Attorney At Law

4600 Park Road, Suite 109, Charlotte NC 28209
Phone: (704) 365-6515. Fax: (704) 365-6295

Take care,

Zann Hawkins

Yes, my understanding is that an FHA 203K will allow this for both purchase and refinance.

http://wegetyoubuyers.com/can-i-add-rooms-with-an-fha-203k-loan

Hey Kuan,

Welcome to biggerpockets.com! This is a great place to learn. I'm an investor and Realtor in Charlotte. Send me a message if you'd like to meet up and talk RE investment. I see you're in Matthews, so you're not too far from me in S. Charlotte. I don't wholesale, so I can't give you any advice on that front, although there are a lot of folks here that can. Is your goal to eventually do RE full-time, or would you like to continue in your current job, as well?

Good luck,

Zann Hawkins

Hey Steffan,

Congrats on taking the initial steps. I'm a realtor and investor in Charlotte, so if you'd like to discuss different areas and potential investments, please send me a message. I'd be happy to grab a coffee with you. Having experience in "handyman" work will open up a lot of possibilities for you to earn sweat equity, especially on your first couple of projects. Best of luck.

Zann

I'm a Realtor in Charlotte, but I'm from Charleston. PM me and I'll give you the contact of a Charleston Realtor that deals with investors. He has helped 1 friend buy about 10 rentals that needed work over the past couple years, and he has also helped a family member with a flip.

@Dana Jo Hey Dana, I'm an investor and realtor in Charlotte. Feel free to PM me. Thanks, Zann

@Michael Mies I'll send you a PM of a local bank that might be able to help. I just did a cash out refinance for under $50k with them. It took about 1.5 months from the initial closing.

Hi Andres,

I know this post is a few weeks old, but if you're still looking for an investor friendly realtor in Charlotte, please let me know. I'm an investor turned realtor, and I'd appreciate the opportunity to discuss your goals and parameters with you.

Thanks,

Zann

The Due Diligence fee is negotiable and non-refundable. It's fairly new in NC, but it's common now, at least in Charlotte. Your offer will seem weak without it, as there's more of a risk you'll back out. If you've done a good, thorough walk-through prior to the offer, sometimes offering a large DD fee will get you the contract even if a higher offer is placed. The seller knows that you're serious at this point. If you do put due diligence money down, make sure to make the DD period long enough to get everything done...inspection, appraisal, financing approved, etc.

You subtract your total mortgage payment. Don't try to split the principal and interest...they are both expenses when calculating cash on cash. Is that what you're asking?