Our company Nationwide Mortgage Licensing System & Registry (NMLS) ID number is 1553947.

I've done a couple of direct loans, but for the most part, I work with a mortgage broker who brings deals to me.

We just need to verify that you have cash for the downpayment, closing cost, and up to 6 months of the mortgage payment as reserves.

$6000 is a large mortgage to cover for a vacancy. 

And your bank is not requiring any sort of paydown of the mortgage for a partial release. 

Conventional mortgage product? 

Most mortgages say the lender has the right to buy homeowner's insurance for you if you don't prove you have it.

I'm a mortgage broker, so need a wholesale lender. 

Hi,As someone that moved from CT to SC, I will tell you property taxes here are very low, you would feel the same coming from NY. the 4% for primary and 6% for a rental, at least in Charleston County where I live, is not 50% more it is really x3 more , but still low compared to NY, so while others from SC may see it as high, you may feel it is a bargain.Not only that, being a landlord here is much easier, you actually have rights on your property, which is not really the case in NY/CT.I read your mortgage rates are in the 4's, expect to pay in the 8's right now, so unless your plan to pay cash, which, I personally am not sure I would do for an investment, many reasons for that, it is going to be very difficult to make money. if you are looking for appreciation rather than income, it may make sense.Hope this viewpoint from someone that moved a few years ago from similar place is helpful. 

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