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All Forum Posts by: Brian Goff

Brian Goff has started 6 posts and replied 24 times.

Post: Finance options for package of low $$$ properties.

Brian Goff
Pro Member
Posted
  • Columbia, SC
  • Posts 27
  • Votes 16

New investor considering a package deal of 5 low valuation homes.  All currently rented.  The rent/price % ratio and cash on cash numbers look strong. 

My concern is financing.  Even if I have 20% down, will a bank lend me the 80% considering each property would appraise for ~$30k. Has anyone been in a similar situation?

Post: Getting Started in South Carolina

Brian Goff
Pro Member
Posted
  • Columbia, SC
  • Posts 27
  • Votes 16

Welcome Sean.  I’m in a similar position up the road in Columbia. Check out the events area on this website. There’s a pretty active RE community in Charleston area. @Russ Scheider 

Post: Columbia, SC Meet Up

Brian Goff
Pro Member
Posted
  • Columbia, SC
  • Posts 27
  • Votes 16

I'll see everyone there.

Post: Columbia, SC meet up

Brian Goff
Pro Member
Posted
  • Columbia, SC
  • Posts 27
  • Votes 16

New to the site and looking for future Columbia meet-ups.