Our Charlotte two-for-one project is nearing the finish line, with the new build sold for $358K and an interested buyer in talks for the flip. Despite unexpected construction and permitting hurdles, our passive investors remain protected and on track to receive their expected returns.
2 mins read | October 2026
We can finally see the light on our Charlotte two-for-one project, the fix-and-flip and new build on the same site. What started out penciled at $120K in profit turned into a roller coaster of foundation issues, septic surprises, grading hurdles, and permit delays over a driveway of all things. We started jokingly calling it Break Even, because real estate has a way of keeping you humble. The good news is that the new build sold for $358K. On the flip, we added backyard stairs to address buyer feedback in this tough market, and we’re now in talks with a very interested buyer, so fingers crossed. Our investors are protected and will receive their returns as expected. I’m ready to close this one out, pay everyone, and move on to the next. Thank you to our passive partners for riding this one out with us.
Check out the new build listing here: https://www.zillow.com/homedetails/327-Whispering-Pines-Dr-Charlotte-NC-28217/463488027_zpid/
Check out the fix and flip listing here: https://www.zillow.com/homedetails/323-Whispering-Pines-Dr-Charlotte-NC-28217/6253879_zpid/
Written by Hammerhead Capital Inc.