With its strategic location, the Iron District is attracting attention from savvy investors looking to capitalize on Charlotte’s growth.

You are investing for return on capital. 

ya Open door capital struggles are well documented..

US, UK, Australia and other parts of the world are more for "traditional" investing in real estate for capital gain.

If you can fight to break even and hang on to that place for the long term, that will provide the best return on capital by a long shot.

Remember, if you sell it, you'll have capital gains that you will have to pay since you are buying the other property before you sell you're old house.

Expect to spend another ~$8K for that.If you are planning to close all-cash and bring enough cash with you for operating expenses and rehab, you are looking at a minimum capital raise of about $3M and that is for a cheap 32 unit.

The people you are going to for capital have it for a reason....

Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.