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Updated almost 15 years ago,
Hello from Chalreston, SC
Hi, I'm just trying to get started in the Charleston/Coastal Carolina area. I'm technically new to the business, but own 2 homes (1 residence, 1 rental) and my wife is a successful, albeit relatively inexperienced, realtor. I've also spent a lot of time on research and have some limited development experience through my previous job as a country club manager.
I'm most interested in foreclosures, flips, and picking up some multi-family rentals along the way. I'd like to find properties that could turn a profit as a flip, but be able to support a positive cash flow as a rental to keep my options open (who isn't, I guess?). I don't have a lot of cash, but I do have great credit and some friends and relatives willing to invest if the right opportunity comes around.
Since I'm currently unemployed and have the time, I'm taking real estate class, in case I ever find it useful to pick up my license. Curious as to any thoughts on whether this would be helpful/harmful/neither for an investor.
Looking forward to learning, making contacts, and most importantly making money!
-Chris