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Updated over 7 years ago on . Most recent reply
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Introduction To Charleston South Carolina
Hello everyone! my name is Justin Vasquez, and active duty Navy member. With two years left on my contract I've decided that i'm done with being an employee forever. I want the freedom to be lazy if that makes, to add a paradox i'm willing to work INSANELY hard to get that haha.
That said My brother Chris Vasquez, fellow active duty Navy, based in Charleston is in the same mind set. Our goal is to flip two C or D grade historic homes in downtown Charleston. We are both aware and undaunted by the potential costs for fixing these homes because we believe the numbers can work if we get the right property at the right price. We hope to make 50k-90k on each deal and after 4 or 5 deals we want to explore getting rentals using the BRR strategy mixed with the delayed financing strategy.
Any seasoned flippers, or contractors in the Downtown Charleston area willing to impart some wisdom would be awesome. We can be best friends and perhaps you guys can work with me and my bro on our first deal.
Any wholesalers that dont need cash buyers (if that even is a thing lol) would also be welcomed best friends :D
Sorry for the a long intro. Thanks for your time ---- Justin
Most Popular Reply
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Hi @Justin Vasquez. I'm a Realtor and investor in Charleston. I just finished one flip downtown and I'm closing a duplex to rehab today. That's a pretty difficult market downtown. The prices are absurd even if the place is about to fall over. The construction takes a very long time due to the age, as well. I'd be more than happy to talk to you more about the market and projects like that. They're out there, but they're expensive and have to be bought very quickly to secure them.
- Troy Gandee