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Eric Cox | Denise Lomas
Southgroup Real Estate,
Charlotte, NC 28211
Office: (704) 362-3166
Cell: (704) 236-4085
Email: eric.cox@sgrmail.com
Enjoy all we have to offer...
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Foreclosures- ...can mean a tremendous opportunity for a real estate investor or someone looking for a primary residence. However, there are many integral pieces to buying and/ or selling a foreclosure. At Southgroup, we know the "ins and outs" of buying foreclosed property and we want to make the process as straightforward as possible.
Land- Pre-construction land offers the investor as well as the retail buyer a great opportunity to acquire a home site at attractive prices and favorable terms and conditions. The developer offers low introductory prices and incentive to raise capital to build out the neighborhood infrastructure, complete with clubhouse, fitness center, swimming pool, tennis courts, walking trails and much more. The infrastructure build out usually takes 18 to 24 months and once complete, you may pull a building permit and commence construction of you dream home!
Income Properties- With the lending industry raising their guidelines, fewer people are qualifying for loans which make it a great opportunity for investors to become landlords. Learn the ins and outs of buying properties within the 1% rule, cashflow with the 75% rule that banks and lenders look for, newer properties versus older properties, urban versus suburban, condos vs. single family vs. multi family, and more. Learn the dos and don’ts of real estate investing so you are not drastically affected by the ever changing real estate market. Contact us to find out where real estate agents and investors are investing their money!
Rehabbing & Flipping- By now, we have all seen the show on TLC, "Flip That House," but the concept is closer to reality than a television program. Flipping simply means buying a property and reselling it quickly, as opposed to holding on to a property as a long term rental. This process requires buying a property that needs work, fixing it up, and selling it on the "retail" market to an individual as a primary residence. When "flipping" a home, it is mandatory that you buy a sound investment with room for improvement, and not room for wasting your money.
Commercial- We understand this can be a time consuming process and can assist you to get the job done in an accurate and timely manner. We specialize in so many aspects of the commercial purchasing process, getting the tough deals done never seemed so easy. We understand seller financing, joint ventures, commercial lending, capital raising and other aspects that appeal to the most savvy and sophisticated investor. Southgroup can help you with a range of commercial investments from a $1M apartment complex to a $100M downtown office building.
Creative Financing- SELLER FINANCING is available with a down payment of 10% or less on selected properties with no credit check, no qualifying! With seller financing, the property pricing as well as the terms and conditions of an acquisition are more flexible for the buyer and may offer the buyer a much better deal.
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