While flips don’t usually qualify for 1031 exchanges, holding a property as a rental first might open this option.

Durham on the other hand is a great opportunity for investors seeking more short-term growth, more options, and higher likelihood of cashflow. 

However, be cautious—newer “B” properties are sometimes built in “C” neighborhoods, so careful due diligence is required.Monroe: As mentioned earlier, Monroe strikes a balance, making it a versatile option for investors.Trends to WatchTransit-Oriented Development: Areas near light rail expansions are seeing significant value increases.Suburban Growth: The suburbs around Charlotte, including areas like Concord, Huntersville, and Monroe, are experiencing steady growth as people seek more affordable housing outside the city center.When investing in Charlotte, aligning your neighborhood choice with your goals is essential.

We're in a small town so we ask our bank loan officer who is involved in the community for a CPA reference.

The guy from CMG should send me all the options for fees and rates in the next 2 days, so I will get back to you.

Six-unit apartments are an excellent investment choice, and I’d be happy to help you explore options that align with your goals.Looking forward to hearing from you!

Not sure what market you are in, but I would talk to some lenders about FHA options on a 2-4 unit property.

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

Just one additional option.  

This means, on average, that this person is facing foreclosure or bankruptcy, and has no other reasonable options.