It varies on the beach, but typically both.

There is also the equity pay down which varies depending on a lot of items (rate, years into loan, LTV, etc) but starts (day 1, improves every month), even at the current higher interest rate, at ~0.15% of purchase for 80% LTV.  

Coverage can vary dramatically even within the same insurance company.  

if you think there is more equity there you could have an appraisal done… but some lenders will not re-evaluate a recent purchase for a set period of time… they will just stick with the old purchase price as its value (varies by lender) unless you can show significant improvements you did to justify a higher price. 

If you go that route, the terms will vary wildly, as there is no standard or any set requirement.Also, there is seller financing.

Insurance can vary a lot. depending on location and age.

(I myself am allergic to fragrances, but not to the degree that others in the forum I'm in are.)

Whether I'm right in that and to what degree, I can't say as someone on the outside looking in.  

Hello all,I understand that opinions may vary and depend on goals and circumstances but I just wanted to hear some experienced local investors weigh in on a first rental property investment in Florence vs Beaufort SC?

Water temps too high, must be between 100 and 120 degrees Fahrenheit (at tap) 10.