Potentially my first portfolio in South Carolina!

5 Replies

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?

Numbers look good.

Good luck!

I live in Spartanburg and may be able to tell you which would be best areas to flip in. Where are the ones located that you plan to flip?

Originally posted by @Sean Eads :

I live in Spartanburg and may be able to tell you which would be best areas to flip in. Where are the ones located that you plan to flip?

Thanks Sean!  A couple of them are near Pine Elementary and the others are just North of the airport. 

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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