I believe the Golden Isles have slightly different STR regulations than the rest of Brunswick County that are more favorable as well...but I could be mistaken.

If you know what you are pre-approved on, and you know what banks will offer you at least 70% ltv then you're golden.

If you can bake a slight softening in, and the numbers still work and or your lenders aren't calling for the loan prior to the sale you are golden.  

That is an awesome position to be in and could really be the golden goose for your financial future. 

This exemption was historically called a golden duplex exemption. 

Thanks  In Royal Oak 6-12 months and you should be Golden! 

Golden 1 Credit Union (Based out of California)

Basically I'm trying to decide the pros and cons of what bank to use for a home equity line of credit.I'm going to lay it all out so bear with meI work in real estate full-time as a boots-on-the-ground resource for other investors.3 years ago I started to realize I needed to pay more taxes in order to qualify for loans.2021 was the golden two-year mark where I had a increased self-employed income so more banks will start looking at me before this it was extremely hard being that I was self-employed.I own a house near Charlottesville Virginia I refinanced it and the appraisal came back at 270k with a mortgage on it for 125k so about 140k inequity.I approached several Banks UVA Credit Union and truest / bb&t are the two that responded favorably to me.They both have approved me pending a appraisal and title search.The bottom line is UVA Credit Union called me earlier today and I gave them to go ahead to proceed assuming that the other was just dragging their feet they offered me a 75 k line of credit with an interest rate of 2.8% for the first year and then 1% above Prime for 10 years and then it will convert to 20 years.Truist / bbandt called me 10 minutes ago and offered me 100k with interest-only payments starting at 5%. they also offer a draw program where if I was to pull out X amount of money we can lock a rate in and amortize that over however many years, up to 30.

You mount that thing in front of the main outside door, invest in some batteries, and you're golden with all in about a hundred and twenty dollars.

There's no competition and we own golden 3/2 rentals because they are in desirable locations, transportation, size and function.