I know that would be the easiest approach but wondering your thoughts.2.

This depends on the market and your approach.

This approach allowed me to close quickly and efficiently while maintaining flexibility to make the minor updates needed to modernize the property and position it as a high-performing long-term rental in Uptown Charlotte.

This approach allowed me to close quickly and efficiently while maintaining flexibility to make the minor updates needed to modernize the property and position it as a high-performing long-term rental in Uptown Charlotte.

This financing approach ensured I could move forward with construction plans immediately after inspections and estimates were completed, aligning with my strategy to maximize the property’s rental income and value.

This financing approach allowed me to focus on converting the structure into a duplex and preparing it for rental while maintaining cash flow for other ongoing projects in my portfolio.

I get a LOT of these “we want to buy your property” mailers (immediately get thrown in the recycle file), “I have a buyer who is looking in your area let me sell your house” letters, physically approached by agents and people and I get  “we’re a family and we want to  buy your property “ pitch.

Recognizing its strategic location behind two of my existing investment properties, I approached the owner directly.

My intent was to use the local reputable contractor (think of the guys sponsoring sports).

This approach allowed me to secure the property quickly and provided the flexibility needed to cover the costs of resolving development issues and initiating plans for the duplex construction.