Condos can be very good investments if done right.

What key factors should first-time borrowers consider when securing funding for their initial real estate investment?

Whatever you may want to do investment wise, There are plenty of ways to get in touch with service providers of every need, all quick and efficient.If you'd like concrete information regarding our market, more insight, and personal opinion, just give me a shout via reply!

@Ming Li HerreraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Make sure you're accounting for the property tax rate differential for investment properties in SC - if you're going off of primary residence tax rates for the property (4% ratio), then the investment property rate (6% ratio) will likely be about 3x that amount.

Here are some key strategies to consider to help you stand out, maximize your occupancy rate, and boost your cash flow.First and foremost, invest in properties short distances from popular vacation spots like famous beaches, golf courses, and locations with great weather all year.

I would like to look at some HELOC options if possible but I was told I would need to refinance the loan to a conventional investment loan and take on a much higher rate, which I have no plans of doing.

I am looking at investing in an out-of-state property that is a 5 BR, 3 BA which is a 3/2 upstairs and 2/1 in the finished basement.

Quote from @Megha Mathur: Hello all, We are looking to use the DSCR loans for buying our investment property.

Are you looking to make cash now or reap the long term benefits of real estate investing?