All Forum Posts by: Account Closed

Any problem including in in a mortgage/cash out as a separate piece of land?

I love red flags and lots of trash... dumps the price out. Only thing that's stopped me so far has been rot and bad neighbors.

I'm renovating a 1930 Craftsman bungalow(BRRR) with a ARV of 200k, about 15 miles from Chapel Hill , NC(1.1acre). The next door land (1.87acre) has come up at tax auction, I believe I can get it for 15-20k. I'd like to own it to keep out a Mcmansion or trailer next door and preserve the old-growth cove my house sits in. Do you think this purchase would add value Beyond what I pay for it? Is there an equation or rule of thumb for figuring out the added value?

I'm interested in connecting with NC hard money lenders. Currently sitting on three paid for properties, barns full of materials, and a unused HELOC. My current projects are funded but would like to have more options for funding future deals. - Josh

I'm doing a Brrrr house in Saxapahaw if your interested in checking it out.

The place has gone downhill in the last 25 years. That said I wish my family had our old historic district duplex. Was and is a good rental.

Bought a 1930 concrete craftsman bungalow in Saxapahaw, NC for 26k. Currently renovating.

Building an addition in Saxapahaw, NC. also need a recommendation.

I'm looking at a home in central NC that has sat vacant for 10 years and I'm trying to determine current value. I think That I need a 2nd opinion more than a full service inspection at least for now. How do you handle this? Is this a job for a home inspector? 

may stop by.