Anchored in the Sandhills region, it holds significance in national defense owing to its adjacency to the Fort Bragg Army base and Pope Army Airfield.The median sold price has surged by 7.2% year-over-year to reach $225,000 ($142/sqft), with an impressive 42% of homes sold below asking price last month.

Also, based on my experience there are many areas in the Dallas/Ft.Worth area that make for great rentals.

The refi loan type is based in part on how you hold the property (in your own name, an LLC, etc) but in general you can expect to refinance out about 75% of the ARV (After Repair Value).

Hi Jane, I am an out of state investor based in Northern Virginia and primarily buy Multi family and Single Family Homes in Cleveland.

Someone could purchase at 600k, make a very safe annual 6% ROI (and escalator above that every year) plus have the base property appreciating at the same time for resale later. 

I rehab the property and then later go and get 30 year fixed rate conventional financing based on 70% - 75% of appraised value. 

Some joints are supposed to "float", such as drawer bottoms and the bottom of the base. 

Hi @Somesh I am a US lender based in Toronto, feel free to reach out with any question regarding financing/US entity formation or accounting services.

They get 6% of their original investment based on the NOI each year. 

You also will see it when a home has not had many sales in 20-30 years and since it was purchased for $65,600.00 back in 1990 it took a huge increase in sale price of $275K based on 2024 sale price.