In most states a contract for deed is worse than giving a traditional mortgage and note, for example, TX, AL, GA, NC, SC, TN, MO, MS, MD, VA, FL...

I am looking into North Carolina for the job growth that is happening there.

I started looking for a STR opportunity in TN or NC that is near my mom (to visit sometimes!)

I have ideas of how to meet my goals and step my foot through the door of RE Investing but with my lack of experience I would be very grateful if there is anyone in my area (Lake Wylie, SC/ Charlotte, NC) with more experience and willing to sit down for 10-30 minutes with me and help me get over the fear factor of taking that first step, and help me feel comfortable to be able to take action and start the journey.

***one investor said her line was reduced in Nov22 ***Red Canoe Credit Union, WA ORRegionsRenofi Purposed for ADU financingRiver Bank & Trust, ALRivermark Credit Union, OR 90% LTVSavannah Bank in NY, call it commercial LOC, up to 75% LTV.SCCU Florida 80% LTV, 2.75% first year promo, not LLC SECU NC 65% LTV rate 2.75% Oct 2021***Signature Federal Credit Union 80% LTV to 100% LTV (100% on primary residence).

Purchase price: $204,000 Cash invested: $50,000 1300 Sq ft 3 bedroom 2 bath with an large 2 car garage sitting on a solid acre of land in Clayton NC.

@Paul Castillo In the piedmont area of North Carolina the costs of land are relatively cheap, however, good labor can be hard to find.

My wife and I own a duplex in Missouri and live in NC and are hoping to get another unit out here.

I am looking at Licking County, Jeffersonville, Columbus, Cleveland, OH; McAllen, TX; and Fayetteville, NC. 

How do you file a judgement against a tenant for damages beyond the security deposit? My contractor quoted me about $6000 in repairs. Security deposit is $1,200 so about $4,800 in damages. Thanks in advance!