Real Estate Investment can be easier and less risky for out of town investors than you think. Have you considered lending on property for re-habbers who fix and flip or buyers who may wish to occupy a property and pay 7% to 10% mortgage payments? But is holding a note secured by real estate more than you care to have on your plate due to the potential of having to foreclose on a property? I have over 20 years of experience in real estate investment in and around Charlotte, NC. 12 years of it was mostly in buying and rehabbing properties and then selling to first and second time home buyers.
The last 8 years I have focused on wholesaling unfinished properties to other investors. Several months ago due to the market in Charlotte, NC really starting to get hot again I sat down with two of the largest and most successful investors in Charlotte to discuss adding rehabbing back into my business model. We knew each other’s reputation well and felt we could work with each other. They were interested in funding my projects and I was pleasantly surprised by their approach. gmassey
Real Estate Investment can be easier and less risky for out of town investors than you think. Have you considered lending on property for re-habbers who fix and flip or buyers who may wish to occupy a property and pay 7% to 10% mortgage payments? But is holding a note secured by real estate more than you care to have on your plate due to the potential of having to foreclose on a property? I have over 20 years of experience in real estate investment in and around Charlotte, NC. 12 years of it was mostly in buying and rehabbing properties and then selling to first and second time home buyers.
The last 8 years I have focused on wholesaling unfinished properties to other investors. Several months ago due to the market in Charlotte, NC really starting to get hot again I sat down with two of the largest and most successful investors in Charlotte to discuss adding rehabbing back into my business model. We knew each other’s reputation well and felt we could work with each other. They were interested in funding my projects and I was pleasantly surprised by their approach. gmassey