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.

It's been a game-changer in my investment approach, and I've completed two deals this way already.

Do you own properties or new to investing?

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!

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.

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

Can you afford to have the entire investment wiped out?

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.

If you haven't tried this yet I'd recommend playing around with some of the BiggerPockets calculators here https://www.biggerpockets.com/investment-calculators If you have a pro account you can use the calculators as much as you'd like, if you have a free account you do get a few free uses of the calculators!

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.