D&D Realty Investments Buying Criteria
LAND criteria
PRIMARY MARKETS
CHARLOTTE, NC
Fayetteville, NC
Raleigh / Durham, NC
SECONDARY MARKETS
WILMINGTON, NC
LAND REQUIREMENTS
Min. Lot Size: 8,000 Sqft
Max. Lot Size: 108,900 Sqft
Paved & Public Road Access
Public Water & Sewer Preferred
Generally 17% of New Construction ARV
We only work with individuals who have direct contact with the original property owner. We do not engage in or accept daisy chain deals. This ensures transparency and efficiency in all transactions.
PROPERTY criteria
PRIMARY MARKETS
DAYTON / Cincinnati, OH
Raleigh / Durham, NC
CHARLOTTE, NC
SECONDARY MARKETS
Fayetteville, NC
PROPERTY REQUIREMENTS
Minimum 2 beds
Minimum 1 bathrooms
Minimum 1950+ built
Minimum 1,000 Sqft
Generally 70% of ARV minus repairs
We only work with individuals who have direct contact with the original property owner. We do not engage in or accept daisy chain deals. This ensures transparency and efficiency in all transactions.
Land Acquisitions
We sell our completed homes between $250k on the low end and $375k on the high end so the land cost needs to make sense taking that into consideration.
Our property acquisition team typically lock-up deal around 10-17% of recently sold new construction ARV, depending on the lot characteristics. We have active & vetted end buyers as well. So if we don’t buy it, They will pay just need clear title and a survey to close.
Property Acquisitions
We typically sell our finished properties between $250k on the low end and $500k on the high end, so the resale ARV must align with those figures.
Our property acquisition team typically lock-up deal around 60-70% of the ARV for recently sold fix-and-flip properties, depending on the property location and repairs. We also work with active and vetted end buyers. If we don’t purchase the property, they are ready to buy—as long as there is a clear title.
Deal breakers
Land Deal Breakers
Bad Topography
Protected Wildlife
Landlocked Parcels
Endangered species
Non-Percable Parcels
Unpaved road access
Property Deal Breakers
Foundational Issues
Severe Fire Damage
Major Structural Issues
Unresolved / Unclear Ownership
Frequently Asked Questions
Our DUE diligence & buyinG Process
Land Questions
Our Land Underwriting Process
Our land underwriting process involves evaluating key factors such as zoning regulations, access to utilities, market demand, and comparable sales. We assess the property's physical characteristics, including size, topography, and environmental constraints, and analyze development feasibility. This thorough review ensures informed decision-making and maximizes the property's potential value.
QUICK MATH BREAKDOWN:
Sold New Construction ARV= $350,000
$350,000 x 16% - $10,000 (Your Fee) = $46,000 (MAO)
Typical Closing Time Frame For Land
14 Days After Stated Due Diligence Period
If The Land Has Access To Public Water & Sewer
We are always interested in purchasing lots with city water and sewer access and ideally prefer them over properties with well and septic systems.
Due Diligence Time Frame for Survey: 14 Days
If The Land Requires Well & Septic
We prefer lots with city water and sewer access but are open to reviewing properties with well and septic systems as well.
Due Diligence Time Frame for Perc Test: 3-4 Weeks
Property Asked Questions
Our Property Underwriting Process
Our property underwriting process involves analyzing property location, condition, and market trends. We evaluate cash flow potential, comparable sales, and renovation costs to determine profitability. Key factors such as rental income, operating expenses, and exit strategies are assessed to ensure informed investment decisions and maximize returns.
QUICK MATH BREAKDOWN:
ARV= $350,000
$350,000 x 65% - $56,000 (Repairs) - $10,000 (Your Fee) = $161,500 (MAO)
Typical Closing Time Frame For Properties
7 Days After Stated Due Diligence Period
Do We Have To Walk The Property
We do not require a walkthrough of every property if adequate photos showing the current condition are provided. However, if no photos are available prior to closing, we will need to visually inspect the property during the stated due diligence period before proceeding to the closing table.
