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Updated over 10 years ago on . Most recent reply

User Stats

42
Posts
15
Votes
Steven N.
  • Rental Property Investor
  • Charleston County, SC
15
Votes |
42
Posts

Looking for a Partner on a Goose Creek, SC Property

Steven N.
  • Rental Property Investor
  • Charleston County, SC
Posted

Hello,

I have found what I believe is a great investment opportunity in Goose Creek SC and I'm looking for a partner to go 50/50 on the deal as I am currently in contract on another property nearby. This is a Homepath property which means it requires just 10% down with no PMI and there is a possibility to get renovation costs included in the mortgage. The home is listed for less than $60,000 and can rent for $900-$975 based on comparables in the area. Based on my numbers I have projected solid cash-on-cash returns (includes vacancy, property management, taxes, repair budget, etc. Please send me a private message if you think you may be interested and we can discuss further or potentially team up on other deals. Thank you!

Steve

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