I reached out to the seller to request details of the repair and asked why this was not mentioned in the seller’s disclosure.

Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.

@Laura YelinI’ve never been, but when considering new markets I usually just fly there and spend a few days there scoping it out.

The Charlotte rental market is experiencing significant shifts, and it’s raising some important questions for both investors and property owners.

I'm curious of the current market demand for student housing and appeal to rental investors.

We didn't buy much from the MLS and if we did, it was either a "handyman special" or it had been on the market 180+ days with a motivated seller willing to take less than market value.This will be the "new normal" going forward and a lot of newer investors will drop out of the acquisition market and just hold what they have.

Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.

As we kick off 2025, the real estate market is continuing to evolve, presenting both opportunities and challenges for investors.

I am not in the flipping market but I handle multifamily transactions for buyers and sellers who are very transactional.

Look into seller financing or subject to properties in the area that you want to purchase.