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Updated almost 7 years ago on . Most recent reply

User Stats

15
Posts
0
Votes
Jason Allen
  • Rental Property Investor
  • Santee, CA
0
Votes |
15
Posts

Potentially my first portfolio in South Carolina!

Jason Allen
  • Rental Property Investor
  • Santee, CA
Posted

Hello BP,

I was turned on to a potential deal of 9 SFR's in Spartanburg, SC. All the homes are rented but two need some rehab work. I have the deal under contract and negotiated the price down to $210k with seller financing for 9 months. I was planning to fix and flip four of the units and buy and hold the other five. Any advice or recommendations?

Most Popular Reply

User Stats

27
Posts
5
Votes
Sean Eads
  • Greenville, SC
5
Votes |
27
Posts
Sean Eads
  • Greenville, SC
Replied

Pine elementary, as you probably know, is a private school and very well accredited. That area can vary greatly in demographics depending on the zoning area, as I know there is a large spanish district north of the school and one that the county 'zones' around for school zones. I like the area North of the airport for the BRRRR strategy, if that is something you are considering. Great potential for rentals.

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