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At the present time, these are the types of properties we are most interested in
buying. Please note that this list is not all inclusive so if your
property is not mentioned, it does not necessarily mean that we have no interest
in it. Each property is evaluated on its own merits and your property may
have special features that are not reflected in this list. When in doubt,
submit it to us for evaluation.
We'll take a look at it and let you know.
However, please do not submit properties to us at their full
retail price. We are investors who intend to make a profit. We do
not, and cannot, pay full market price for any property.
We are currently most interested in:
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Single family
homes in good condition in the North Davidson County area of North
Carolina. Also, single family homes in the South, Southwest, and
Southeast areas of the Winston-Salem, Forsyth County area of NC (including
Clemmons, Lewisville, and Kernersville). We must be able to structure
the financing in a way that allows us to use the existing debt as much as
possible (with either a wrap-around or land contract) - and/or - the seller must be willing to participate in some type of
seller carry back financing, depending on the current loan balance and
equity position. We
must be able to buy it below the current, as-is, value.
-
Single family
homes in any condition or location in the Triad area (Winston-Salem,
Greensboro, High Point) where the asking price
is less than 50% of the after-repaired market value of the property.
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Apartment complexes. We will
consider anything in the Triad area but, in general, we are
looking for C-type properties in B-type areas that
can be purchased below market value with as many of the following features
as possible:
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8 or more units
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High cap rate
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Low asking price per unit
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Short-term owner financing and/or
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Good existing loan in place that can be taken
over
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No major rehabs
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High upside potential
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Mobile Home Parks.
If you have a
property that matches one or more of the above, click
here to get started! |