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Updated over 1 year ago,
Looking for investment opportunity in Greenville
Hey All.
Got an interesting scenario. My brother and father in law are moving to Greenville, SC and looking to rent a property together, as I do not believe they are in a position to purchase a property. I live in California where prices are extremely high. I wanted to explore that idea of finding a 3 bedroom or Multi-Family property and rent out to them. I also have thought about using my brother in law as a way to secure a a better rate/loan since it would be his primary. I assume we would need to have him on the loan or do a partnership?
I am also looking to connect with investor friendly agents in the area to see on and off market opportunities that meet the criteria above. Not opposed to finding something that needs a little work to force equity. I have about $50k to leverage so thought this opportunity could be a good one given the situation.