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Updated about 3 years ago,
Starting out after moving from WNY to Charleston, SC area
Good morning BP community,
I am currently a contractor looking to get my feet wet in the real estate investing world.
For the past couple of months, I've been remodeling a mobile home with my wife for us to temporarily live while we sell our current home in Wilson, NY. Once the house closes, we're relocating to Summerville, North Charleston area, South Carolina. Expecting to make the move in spring 2022 and pay off "negative" debt with a remainder for a down payment towards a new house.
I've been studying hard with everything I can get my hands on when it comes to real estate investing and I'm eager to take action. My wife isn't quite on board with house hacking and insists we jump right into "her home" and isn't seeing the bigger picture with me....😑.
So with that said, my approach is to wholesale and create my own capital to start buying towards either a flip rental or turn key rental. I'm interested in cash flow instead of capital gains.
My question for the community is what's the market look like in SC and how do I find financing or build relationships with other investors in a new area when starting out?
Very much appreciate any advice and thoughts. Thanks BP community!
-Kyle