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Updated over 1 year ago on . Most recent reply

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14
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4
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Meir Preis
  • Rental Property Investor
  • Baltimore
4
Votes |
14
Posts

MTR-Fully Furnished suburban property

Meir Preis
  • Rental Property Investor
  • Baltimore
Posted

Investment Info:

Single-family residence buy & hold investment in Charlotte NC.

Purchase price: $251,000
Cash invested: $51,000

MTR in a suburb of Charlotte NC- bought as a turnkey property. Property manager identified the property. 

How did you finance this deal?

Conventional loan- 20% down

How did you add value to the deal?

Fully Furnished

Most Popular Reply

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1,976
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1,793
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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
1,793
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1,976
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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
Replied

Was $51k your all-in including furnishings or did you buy it furnished? I'm curious who you're marketing to and what your property configuration is. We love the Charlotte market as well.

  • Bonnie Low
  • [email protected]
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