SEARCH OUR SITE. 201 S Ocean Blvd #905, Myrtle Beach, SC 29577. 5 baths. Click on any of the resorts below for current listings, floor plans, numbering grids, overviews, lists of amenities, and pictures - over 90 oceanfront and resort condo developments in. Loan Process. #D. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 9670 Shore Dr. 2 Beds. 4785 -Posted 3 years ago. 1,654 sq ft. 19 Properties in Myrtle Beach from $119,000. 0. 1033 World Tour Blvd UNIT 105, Myrtle Beach, SC 29579. The Ashworth Condos For Sale. 991 38th ave n, myrtle beach, sc, 29577. 18, 2009. Take a lesson or enjoy a tournament. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. Live like a pampered guest in a Honolulu. Andrew Bay converge – Panama City Beach is a favorite of travelers seeking an affordable beach vacation with year round offerings. Barefoot Commons Branch. 00%. Prestwick, SC Home for Sale. Former Atlantic Beach town manager William Booker, who owns the 3310 Highway 17 S. . 2301 S Ocean Blvd, North Myrtle Beach, SC 29582. Condo hotels are without doubt the most intelligent investment I've ever undertaken, and this investment has helped with some significant returns. 504 N Ocean Blvd Unit 708A&B, Myrtle Beach, SC 29577. View Details. Financing for Condos. 904 62nd Ave. 7100 N Ocean Blvd #1126, Myrtle Beach, SC 29572. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. Trackback. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 1 bathrooms. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Condo For Sale In Myrtle Beach, South Carolina. Creative Real Estate Financing; Private Lending & Conventional Mortgage Advice; Real Estate Crowdfunding; Commercial and Multi-Family. Financing Condos in Myrtle Beach Can Be Tricky. But in general, the general consensus among condotel mortgage. See pricing and listing details of Daytona Beach real estate for sale. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Your email address will not be published. The rent is split between management and the owner in the range of 40%-60% in favour of the owner, but can often be as high. 4785 -When it comes to planning for your financial future, there is no such thing as one-size fits all. North Myrtle Beach, SC 29582 (843) 444-LOAN (5626) wp@444loan. On a case by case scenario, even if the rental income is claimed on the schedule E, the property can be classified as a second home. GRAND STRAND COASTAL REALTY. Spend your time in the warmer weather enjoying this Beautiful home located in the permanent section of the KOA Campground!At Fidelity Home Group, we are Condotel Financing Florida mortgage experts! The Condotel also known as the Condo Hotel is quickly becoming popular in Florida as an investment opportunity. Enjoy oceanfront views from this 7. Our Myrtle Beach real estate agents can help you find new construction homes, resale real estate, primary residence, second home, 55 plus retirement, Oceanfront, Intracoastal Waterway, Golf Course, bank owned homes, or commercial property. 1105 S Ocean Blvd. Refer to and input NMLS #237341 to see where American Financial Network, Inc. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. Located on the 10th floor in the Palmetto building, this. No appointments necessary. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment properties, land, FHA and VA loans. RDunn@remn. 5/5. Indoor Pools. Write a review. . But what is a condominium hotel or condotel? A condo-hotel is a new trend in the Myrtle Beach. Touch device users, explore by touch or with swipe gestures. 60%. Compare different loan programs, rates, and down payments for your new. 2 bathrooms. Welcome. Also, STR properties (rental terms of less than 90 days) must be registered with a $1K initial registration fee, and a $500 annual renewal fee. Print . But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. RE/MAX SOUTHERN SHORES NMB. » Hotels in Myrtle Beach. Qualification based on Property Income, Not Your Income. Source: activerain. Condotel financing cannot be financed through conventional loans. Ripley's Aquarium of Myrtle Beach. When people book a short-term rental, they typically. (843) 800-8484. not a Non-Warrantable Condo loan) will fund up to 70% LTV nationwide, full documentation, 12 months PITI on all properties owned at close required, 680 min fico,. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. In Myrtle Beach, the lifestyle is relaxed and friendly and full of things to do – making it a wonderful place to vacation or to live. You don’t have to mow the lawn or worry about shoveling snow. Anderson Ocean Club. I own a condotel unit in Myrtle Beach, SC and have found that they are not a source of ‘easy money’ based on rental income. Contact Information. 3 Baths. Welcome to 2500 N Ocean Blvd, this gorgeous oceanfront condo has endless views of the Atlantic Ocean. So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. CONDO RESOURCES. $97 night. In this article, we will explore the key. Borrowers need a minimum credit score of 599 to qualify. 503. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific. com. 1,000 Sq Ft. Indeed, when looking to rent in Myrtle Beach, SC, you can expect to pay as little as $570. Financing/Investment. There are 630 real estate listings found in North Myrtle Beach, SC. Discussion of potential solutions. Known for its 60-mile stretch of beach called “The Grand Strand,” Myrtle Beach was first incorporated as a town in 1938 with a population of 5000 and then transformed into a city in 1957. Call ☎ (800) 697-4371. A new modern luxury condo hotel is now being offered on the tree-lined shores of serene Lake Austin, with access to a local resort with…. $590,000. Read More. Refer to and input NMLS #237341 to see where American Financial Network, Inc. 4785 -Personal Banking. Most of the Myrtle Beach oceanfront high rises are condotels. Many property owners also use their Myrtle Beach condotel for personal use. Condotel-Loans Condotel Loan. View Tripadvisor's 53,350 unbiased reviews and great deals on house rentals in North Myrtle Beach, SCCoral Beach is a condominium community located in Myrtle Beach that offers a wide range of amenities to fit any lifestyle. com. If you decide to invest in a short-term rental property in a condotel, here are four tips for getting started: 1. condo with a list price of $179000. Developers Reconsider the ‘Condotel’. 4785 -The average rent price in Myrtle Beach, SC, is $1,315. Myrtle Beach Condos with an Angle Oceanfront View. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455Myrtle Beach. Compare hotel prices from hundreds of travel sites and get great deals. Roy Dunn – Coastal Financing Guru. Individual owners have units, but they have. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy ed-Full Kitchen!! Coral Beach Resort is Continually voted BEST RESORT ON THE BEACH!!. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455We would like to show you a description here but the site won’t allow us. In the 1960s, Folly Beach was quite a tourist destination and a new Oceanfront Plaza was built to replace the Oceanfront Hotel and Pavilion, which burned down in 1957. Myrtle Beach was the 2nd biggest golf town in America behind Orlando for years, and we haven't even touched on what Hilton Head means to the SC economy. Department of Housing and Urban Development | 451 7th Street S. Reasons To Refinance; Pre-Approval; Loan Application Info; Loan Application Process; Get Prequalified; News; Testimonials; Contact . View our Myrtle Beach real estate area information to learn about the weather, local school districts, demographic data, and general information about Myrtle Beach, SC. Trackback from your site. Call ☎ (800) 697-4371. net for more info or call 843. 1210 Absolute Beach. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. View 1276 homes for sale in Daytona Beach, FL at a median listing home price of $285,000. 965 Condos For Sale in Myrtle Beach, SC. Medieval Times Dinner & Tournament. Myrtle Beach SC. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all active and pending) and more. There are some condos that are money machines, and will constantly be sending you checks month after month, and at the same time, we can assure you there are others that are alligators and will eat you alive. 2000 Highway 17 S. Even if you don’t fall into one of these categories but still need a mortgage, reach out for a conversation to see if we can help. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. 24 The Sandbar Hotel at 1804 S. A condotel is just what it sounds like—a cross between a condominium and a hotel. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. $350,000. This ground level 2-bedroom condo is located in the popular Seagate Village. Condo Financing and Condotel Mortgages. City-Data Forum > U. Atlantic Beach voters will have big decisions to make at next month’s polls as they opt for a new mayor and flip the council by at least one new member on the panel. Wow! I didn't know what that was beforehand and now we can't even use the pre-approved loan to purchase it. The units are individually owned. Enjoy laundry facilities, a patio, and a TV. 219 Camber Rd, Huger, SC 29450. You can also use this residence for ready and steady rental income. Coral Beach. Condotel Loans. Coral Beach Bldg. 1,169 Sq. TRV69857---. Fannie Mae does not mind nightly. Dec. 1890 Auburn Ln, Myrtle Beach, SC 29575-5198. 29450, Mount Pleasant, Charleston County, SC. Credit Scores down. Columbia SC. The HOA or the project’s legal documents require unit owners to share profits from the rental of units with the HOA, management company, or resort, or hotel rental company. . Contact BrickWood Mortgage today at (843) 314-4101. TRV69318---. washer and dryer recently. Barefoot Rental Management 4999 Carolina Forest Blvd, Suite 12, Myrtle Beach, SC 29579. 813 2nd Ave N. One Ocean Place Bldg. Loan Products. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. Page 2Pamela D. Free parking. VA Loans. Located on the new Myrtle Beach Boardwalk in South Myrtle Beach, Bay View Resort features 2, 3 and 5-bedroom condos in a 25-story. Unit 420, Myrtle Beach — Coral Beach $155,000. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. Owner Financing - Myrtle Beach, SC Home for Sale. . Financing/Investment. A 10% downpayment is required and there are no prepayment penalties. Our services encompass condotel loans and loans for non-warrantable condo projects. Maximum 75% LTV. Featured Resorts in Myrtle Beach, SC Bay View Resort. Condotel properties must have a full. $189,000 and up - Condo Hotel. Seaside Realty Company Broker In Charge, E-Pro Certified. Columbia, SC 29210. Bay View Resort. $242,900. $239,900. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. 3 bedroom, North Myrtle Beach SC 29582. Stay in touch with us at 843-999-0575 or email. We also offer our Condo/Condotel Lender List and Closed Sales Histories. We specialize in Condo Loans Financing for Warranted Condo Loans, Non-Warranted Condo Loans, Condotel Condo Loans, Primary Condo Loans and DSCR investment Condo loans for long and short term rentals. 36 homes. Receive the Beach Pro Team’s current list of local. 444. Owner Financing available for qualified buyers. 2300 N Ocean Blvd. Sea Mist offers indoor & outdoor pools, a large water park, hot tub/spa, wading pool, lazy river, sun decks, mini golf, 90 seat movie t. This document expresses the opinion of Gene Carter, CDPE. Loan Application. $242,900. is a licensed lender. 6 Listings from $218,000. Investment property loans Commercial & Residential Condo Hotel Loans. LendSure Mortgage Corp. 4525-D Girvan Dr. In all states, the principal licensed office of American Financial Network, Inc. Looking for reasons to do it or not do it. 813 2nd Ave N. So if you're also looking to invest, condo hotels are a pretty decent option, in my opinion. 169 reviews. Unit owners also have the option to place their. Okay. 2300 N Ocean Blvd. Buying a condo is a lifestyle choice. If you're looking for monthly condo rentals in Myrtle Beach, SC, book today with Condo-World! Arrive. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. Or email us at gcho@gustancho. No Exp. 475 sq ft. It was completed in 2000. 3 baths. Book Bay Watch Resort & Conference Center, North Myrtle Beach on Tripadvisor: See 2,665 traveler reviews, 1,320 candid photos, and great deals for Bay Watch Resort & Conference Center, ranked #12 of 55 hotels in North Myrtle Beach and rated 4. Suggestions on loan resources for condotels in the Myrtle Beach area? Give us a call Jerry Pinkas Real Estate Experts 843-839-9870. Subject property needs to be 100% residential (or livable) The units need. Myrtle Beach City Manager John Pedersen previously told The Sun News such an exception would be made since many of Myrtle Beach’s hotels are condotels with rooms. - Homes for sale presented by the Beach Pro Team: 843. com. . (843) 903-3550. * 5 Star Steak House Restaurant on-site. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. (843) 796-1358. 2023. Condotel Financing Myrtle Beach, etc. The project. South Bay Inn & Suites: 520 N. An Atlantic Beach town council candidate spent six years in federal prison following a 2007 conviction on multiple drug charges in Virginia, according to court records. Sheraton Myrtle Beach Convention Center Hotel. -1. OWNER FINANCING AVAILABLE!!!!! No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy bed-Full Kitchen!! Coral Beach Resort is Continually voted BEST RESORT ON. Minimum down payment of 15%. Owner financing available! No hassels with condotel financing! Direct Oceanfront Efficiency Unit. Welcome to your own private oasis with stunning ocean views! This one bedroom, one bathroom, condo in the Grande Cayman Resort offers the perfect blend of of comfort, style, and convenience. Patricia Grand Resort Hotel. 201 74th Ave N #2731, Myrtle Beach, SC 29572. ABC Mortgage Company is located in Myrtle Beach, serving Horry County, Georgetown County along with the rest of the state of South Carolina. 3 Beds. - Homes for sale presented by the Beach Pro Team: 843. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. Fast Closing and Flexible Underwriting. 4785 -1512 Taurus Ln. com. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. The condotel units can be placed on a rental program with the management who can rent the units out for short or long-term rentals. Currently, the condotel purchase market in South Beach, Panama. The largest property for sale is 3,174 sqft and smallest 307 sqft. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment goals. Financing/Investment. These could have serious impacts on getting loans in South Carolina, especially in coastal beach towns like Myrtle Beach where highrise oceanfront condos are so integral to their economy. THE EPITOME OF A LUXURY GOLF VACATION. Coveted. After extensive searching, you have found a great gulf front condominium with a strong onsite rental program, and restaurant, indoor and outdoor pools and lots of other great amenities. Coral Beach Bldg. 2 bedrooms. 2 Beds. Source: acmg. A: 1515. Financing/Investment. $189,000 and up - Condo Hotel. Condotel unit buyers and commercial real estate investors who have any questions on Condotel Financing and/or commercial loans, please contact us at 800-900-8569 or text us for a faster response. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. The condotel units can be placed on a rental program with the management who can rent the units out for short or long-term rentals. The Ashworth Resort 102 N Ocean Blvd North Myrtle Beach, SC. Located on a very quiet street. Myrtle Beach Oceanfront Condotel STR Case Study. Unfortunately, your hometown lender is not going to have such a program but the lenders on our list will. Thu, 26 Oct 9:00 AM to 4:00 PM. 4800 S Ocean Blvd. facebook; linkedin;. info@afbcarolinas. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. A condotel essentially is a condo that can be rented either by the night, the week, the month or multiple months, and is similar to that of a resort as the building has a front desk where people can walk up to book or rent a unit. 2 reviews. And at Aaron Miller Insurance, we’re always here to help, contact us today! At Aaron Miller Insurance we’re here for you, and we’ll work to get you the best deal possible. Contact CondoLux’s Myrtle Beach Condo Sales Team or call (800) 624-6418, we represent vacation property all over the Grand Strand and your needs will be handled by the best professional who can service your. This two bed, two bath second floor end unit features an open floor plan and is being sold fully furnished. Owner Financing This property will be on the market for a limited time This gorgeous 4-bedroom, 3 bath home is located in Francis Marions. Add in the area’s relatively low cost of living, and it’s not surprising to see. Unit 1002, Myrtle Beach — The Palms $549,999. It offers in size, 1 beds and 1 baths. M - F 8am -5pm. R. 5/5. - Homes for sale presented by the Beach Pro Team: 843. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all active and. By Adam Benson. property tax, personal property tax (furniture tax), rental commission (the rental company in my resort charges 40% of gross rentals), all fees associated with each rental ie. com. Myrtle Beach and the surrounding areas are a perfect location for a vacation or. - Condo for sale. Top Rated. We offer 30- and 40-year fixed-rate mortgages, as well as 5/6 and 7/6 adjustable-rate mortgages (ARMs). 3rd Bedroom: 1 king bed, hallway bath. Posted Dec 5 2022, 13:44. 5 million dollar two bedroom, two bathroom oceanfront condotel unit in Hawaii. When this happens, I am able to obtain a regular,. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. Brighton Tower Overview. 1 bath. Lauderdale, FL, etc. Get in touch with a North Myrtle Beach real estate agent who can help you find the home of your. Put our experience to work for you - our in-house condo team checks the financial soundness of the condo project. 1909 Hwy 17 S North Myrtle Beach in Causey's Mobile Home Park - View all 20 photos. When you're ready to buy, we'll be here to help. 2013 New Condotel Financing According to Zillow, the median home value in Myrtle Beach is $167,958 and home values have gone up 2. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. Hopefully, now you understand why your regime fees will easily be $400 to $1500 a month (depending on what condo development) you own. 0033, [email protected] Edge Dr. Try more general words. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. 7100 N Ocean Blvd #1126, Myrtle Beach, SC 29572. The condotel must have at least 500 square feet of living area. com (800) 697-4371. Newly Renovated. It is similar to a hotel in that many times the building actually looks like a hotel, but each individual unit is. S Unit 816, Myrtle Beach — Coral Beach $170,000. Enjoy the. com to schedule your consultation. Owner Financing Available - Myrtle Beach, SC Home for Sale. Condo Financing and Condotel Mortgages. [email protected] Home Group offers mortgages for warrantable, non-warrantable and condotel property types. The spacious oceanfront and ocean view 2 and 3 BR floor plans feature granite. 1 Baths. 2207 S Ocean Blvd #809, Myrtle Beach, SC 29577. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 [email protected] condotel is a hybrid between a condominium and a hotel that lets owners enjoy the unit (and the property’s on-site amenities) themselves as well as generate income by offering it as a short-term rental property. There is no maximum loan size on Condotel Financing Mortgage Loans. Fast Closing and Flexible Underwriting. 9. $364,900 USD. If you are interested in a condotel purchase loan or a condotel refinance mortgage loan please contact us at Non-QM Mortgage Brokers at 800-900-8569 or text us for a faster response. Enjoy all the. In addition, lenders typically offer more limited options for a condotel loan and may require more paperwork and stricter qualifications. CONDO SPECIALISTS. It offers in size, 1 beds and 1 baths. 5/5. Golf colony resort 5p. Get a Free Rate Quote Online! As a Myrtle Beach condotel lender, we specialize in offering financing for a wide range of condominiums, including condotels. View our MLS Listings and find your dream vacation condo, beach house, or investment land in Myrtle Beach 1-844-339-87661515 Hwy 17 S, North Myrtle Beach, SC 29582; 843-249-6317; ScottTodd@allstate. Dec. 720 sqft. 1909 Hwy 17 S North Myrtle Beach in Causey's Mobile Home Park - View all 20 photos. November 30, 2023. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific. Thanks in advance.