If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

With increased competition, renters are opting for homes that offer better value, updated features, and overall appeal.Final ThoughtsThis market shift is a wake-up call for investors and property owners in Charlotte.

General area and property class would be needed at a minimum for anyone to offer an intelligent response. 

The Heloc can also pose as a debt obstacle since its an open end mortgage a.k.a credit card.a mortgage is also set up over 30 years so it offers a lower rate and payment. 

I made a relatively low offer and after one negotiation we settled on a price that was about 45% lower than the original list price.

I'll add that you must manage yourself for at least a year (all four seasons, etc.) to have a real understanding of what you want done and how much you would value what is offered by STR PM.

Some ideas I've considered:Equity Buyout: Having another investor or my partner buy out my 40% equity.Seller Financing: Selling my equity and offering seller financing to the buyer.Selling the Property: Liquidating the property entirely and splitting the proceeds.Does anyone have experience with situations like this?

Our goal is to identify a property and make an offer before the end of 1Q 2025.

i.e. getting outbid on offers, properties become unavailable before you get a chance to see them, etc...You are not alone!

We are a Lender that works with first time Investors a lot, we can offer a more tailored experience for you.