The Charlotte, NC, metro area is one of the hottest real estate markets in the U.S., with a unique culture, great weather, and a booming economy in the tech, service, and financial sectors. The draw of the Charlotte area is even felt in South Carolina, in the suburb of Clover.
For November’s featured project, we’re showing off a newly constructed single-family home built by Constructing Up, LLC, with funding and support from their exclusive lender, Fund That Flip. The modern farmhouse-style home with 4 bedrooms, 3.5 baths, and a 3-car garage was offered on a 12-month term with 8% annual return.
Watch the video below to see all the finished details of this incredible new construction project in suburban Clover, SC, including shiplap, multiple fireplaces, a gourmet kitchen, and a primary suite with home office on more than one acre of land.
Get to Know the Charlotte, NC, Real Estate Market
Before starting a new construction or fix-and-flip project in the Charlotte metro area, make sure you know the market:
- The median home listing price in the Charlotte, NC area is $368,819.
- Charlotte, NC’s population is more than 900,000, and the Charlotte-Concord-Gastonia, NC-SC metro area has a population of 2.6 million, the 23rd largest in the U.S.
- 27% of the Charlotte population is aged between 20 and 39, with a significant number of renters, as well as older millennials leaving the city for the suburbs.
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Earn up to 9% annual returns on pre-vetted, low LTV, real estate-secured loans.
Fund That Flip has facilitated over $1 billion in investments, with 99.1% of principal returned, and industry-leading visibility into each project.