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Updated over 2 years ago,
Charleston, South Carolina Market Deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $138,000
Purchased 2nd property in the Charleston, SC market. Appraisal value was $360K. Adding to rental portfolio out of state. Working with a great team onsite in Charleston.
What made you interested in investing in this type of deal?
There is an influx of good jobs coming to this area. Outstanding place to invest outside of CA.
How did you find this deal and how did you negotiate it?
Worked with my local realtor team onsite in Charleston.
How did you finance this deal?
Cash & DSCR loan
How did you add value to the deal?
The place is turnkey, just improved the landscaping a bit.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes - Sarah Kozlik & Charlsi Kelley - outstanding realtors!