Early on in my business I found the Statesville Duplexes where I was able to add massive value by subdividing the land into 3 separate parcels. With that in mind, I found a way to squeeze more juice out of this deal!

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Similar to the Redwood Flip, this will be more of a wholetail with a little more rehab. I'll get the tenant out, do some basic repairs and renovation, and turn around and sell to an investor.

But in between, I'll subdivide the lot and hold onto a .3 acre parcel. I can either sell, or more than likely I'll hold onto it. It is zoned such that I could build a duplex on it if I chose to, so there is considerable value in the land as the city of Lincolnton grows over the coming years