Investing in North Charleston, SC
Hi,
I know this area is undergoing development but wondering if anyone is investing outside of Park Circle in the "under $300K" range and getting anything to cash flow. It looks like there are some properties priced in this range, but they will not cash flow. According to the heat maps, areas to the southwest of Park Circle look like they will be appreciating. Do I take a chance on a property that may not cash flow for a few years?
Also, some of the area is located in Flood Zones and I'm trying to decipher FEMA's flood zone maps but having trouble deciphering the various zones.
Most Popular Reply
@Anne Christensen I am not finding them to cash flow unless you are finding a really heavy value add where you can be all in for 65% of ARV.