All Forum Posts by: Marquis Cobb

 Yes that would be great I will send you a direct message 

 Yes that is correct, we are in acquisitions mode and we would like to build a relationship first before make someone our main commercial broker

I am interested but I am in the Columbia South Carolina market but still align with your goals 

Greetings all, I am an up and coming GP investor in apartment syndication. My partners and I are looking to expand into the Columbia SC, North Charleston SC, Durham NC, and Fayetteville NC markets. We are looking for an up and coming listing broker in these markets to create a relationship with and do deals with. We would like to do 2-3 deals in the next year. Some things we are looking for are value add B to C class properties, in the area of 100 units, and looking to hold 3-5 years. If you are a listing broker and feel like we would be a good fit for you feel free to reach out to me directly or leave your information in the comments below. 

Thank you 

 Yes this is my plan for the next time I have to move I plan on buying a small multi-family and renting out the other units I do not occupy but should I use a heloc from my single family home I own now to use as a down payment for my fha loan for the single family? (I plan on renting out my single family once I move)

Yes I can borrow against my TSP but I annoy from agency contributions or earnings and my max is $50,000

I have had a few ideas about starting my investing journey but just nervous to commit to a path. I am currently in the Columbia South Carolina area.

Initially I have started wholesaling to raise capital to use as a down payment for my first deal to flip but as I have really started to thinking about my goals and what I truly want out of real estate. I want to move to passive income as fast as possible. So I was thinking I need to get a rental property using the BRRRR strategy. So my plan was to do enough wholesale deals to build capital for a down payment for a hard money loan then refinance that loan and use the cash out for the next deal. Unfortunately I have only been able to do one wholesale deal and finding it hard to cold call and drive for dollars while working full time.

So my alternative I was thinking of is to use a HELOC on my current residence that is a new build and I have lived in for about 1.5 years and use the equity in my current home for a down payment for a hard money loan and use the BRRRR strategy.

Just looking for some advice from more experienced investors and maybe some input from those who have done a HELOC or who are wholesaling now. Thank you in advance

I live in eastern Columbia near Elgin. I know of a meet up coming up on April 5 that will be in downtown Columbia