All Forum Posts by: Troy Gandee

@John Cohen@Russ Scheideris a cash buyer. and I'm a Realtor... just saying'

Though, the retail market is about to get stupid here pretty soon. If you're looking for a deal that needs some work, you would probably be better off talking with Russ. Things come up on the MLS, but you need to be in the area to get it quick. You can find turn-key properties on the MLS pretty often, but of course they're not the cheapest.

@Alex FranksYou should definitely check that guy out. I'm planning on refinancing one or two of mine for the first time in early summer and I'm going to call him. @Russ Scheiderknows much more than I!

Hey @Dylan Haines! Welcome to the forums. Thank you for your service, as well. Charleston is a great market for real estate. It's getting a little tight with all of the transplants, but that will create opportunity! You're definitely in the right place to start learning about the industry.

There are some great VA products out there that you should consider taking advantage of. You will likely qualify since you're serving. That's a cheap way to get started. Just be weary of the restrictions that those VA products have.

Feel free to send me a DM if you need any help!

-Troy

Hi @Elliot Adkins. Welcome to BP and the world of real estate investing. I'm fairly new at investing myself. I've been a Realtor and investor for about 3 years. Charleston and HHI are great markets, yet comparatively expensive for the South. Feel free to shoot me a message if you have any questions or concerns. This is an awesome community and you're definitely in the right place to start learning about the industry from others that are doing it!

@James Kampmeyer Hi, James. I'm a Realtor and investor in the Charleston area. You should definitely talk to your lender first and get a "pre-approval or a pre-qualification". They will let you know what amount you can comfortably afford and which loan products you're eligible for. You can even send them property details of a home that's similar to what you would like and they can run a kind of mock loan scenario for you. More often than not, you will NEED a pre-approval letter from a lender before the seller will even accept your offer anyways. Once you get an offer accepted, then you (or your Realtor) will send everything to the lender and they will begin the process of underwriting and approving the loan. Feel free to let me know if you have any questions. I work in those areas.

@Jay Hinrichs I'm a Realtor. I represent a lot of first-timers that are looking in PC. I'll keep an eye out there for you. You can send me the property info in a message. My girlfriend and I might be buying something as a residence soon.

@Jay Hinrichs I'm glad you are. Our inventory is too thin. We need more new structures.

@Jay Hinrichs I absolutely agree. That's why Park Circle exploded in the last few years. I'm a millennial and it's so hard for us to get a decent house in a desirable neighborhood. A lot of us are finding ourselves in rougher neighborhoods because we're poor, too haha.

@Russ Scheider and @Jay Hinrichs I've got two in the Dorchester Terrace neighborhood on the neck. The area is really rough, but it's getting better. You've got to be a little brave to  deal with some of the bad eggs. I've been in the process of dealing with barking dogs behind one property for months now. One of the residents of that property was shot in the driveway three years ago, so the police keep encouraging me not to engage that neighbor directly, which has made the entire process very lengthy. It's really like any other D area, but Charleston is so geographically small that the area will start to change relatively soon.

@Edward Hann is correct. There is a lot of inventory here in SC. SC is also pretty friendly for mobile homes. I would certainly recommend speaking to him!