Seems like it's not possible in S.

By having my broker license in california, I was able to get my broker license in georgia without having to take Georgia' s state exam.

If you've pursued a line of credit against an investment property, could you please share your experience(s)?

Running #'s below based upon that figure.$280K$56K downP&I: $1200.00$2700 Total Rents - 50% rule = $1350.00 - $1200P&I = $150We've also broken the 50% rule down further with what we believe to be more accurate numbers:TAXES: $279INSURANCE: $279 (This is estimate as I wait to hear back from ins. agent)VACANCY 10%: $270REPAIRS/CAP EXP: $162PROP MANAGEMENT 10%: $270 (We'd be managing but have this built in for the future in case we didn't want to manage)Total: $1260.00$1260 + $1200 P&I = $2460.00Total Rent: $2700-$2460 = $240 cash flow.CAP RATE 6%GRM 12CASH on CASH 5%We realize that this isn't a great performer overall.

Plus they still hit you with the minimum water/sewer charge even though the water meter(s) were removed.

I'll let a wholesaler(s) answer your question.

My biggest gain in this whole thing is do the numbers and look at 100's of properties a week to get a feel for the markets and property's in the areas your interested in.

I pull the MLS inventory daily here is S Florida and here's what it looks like.

If they are unsuccessful, then they can go the E&S route (surplus lines market) and very likely be able to find you a policy.

Hey there @Austin S. , I've been over to Sterling!