Found this property through our local online foreclosure auction site.

Quote from @Andrew McArthur: Hi all, I'm from Toronto and been doing research into South Carolina's Multifamily market, specifically Greenville, Charleston, Columbia. 

I suspect even the banks who are aggressively expanding are doing so merely to sure up their geographical presence  to in order to expand their customer base but will then pull back on their branch numbers.Unless there is significant term remaining on the lease, there are other retail concepts that would be deemed more marketable.

I would encourage you to pick a country and then do the research on the way to buy real estate in that specific country. 

We have owned some real estate in other parts of the country and if you are in an A market you can do well, its the rural low appreciation areas where cash flow on paper looks great but in reality its not is where most people get hurt.

Are they a start-up, do they have any operational, how do they do at it, etc etc.. 

“They won’t be buying houses as much as elsewhere, but if they do, their debts will be enormous,” Kotkin said.A December 2024 report by Upgraded Points, a financial information website, found that the Californiametropolitan area with the most severe credit card delinquencies—defined as 90 days or more past due—is the Riverside-San Bernardino-Ontario region with a 15.2 percent delinquency rate, the eighth worst in the nation.

If you are specifically asking about the requirements to get licensed you'll want to do a google search for you local laws and requirements.

Why do you care but also why would you send them to a church.

If you're doing a rate and term refinance, there's typically not a seasoning period but again it's common for lenders to require it be rented first.If you're doing a DSCR cash out refi, it may not need to be rented first but you're probably paying a higher rate.Your best option is to call a loan broker you trust and go through the options based on your current situation.