Myrtle Beach SC. Owner Financing Available - Myrtle Beach, SC Home for Sale. I have to admit, first of all, that it's been close to 20 years since I've been to Myrtle Beach, although for a 20 year period of time prior, I visited MB almost every year. especially in a popular tourist destinations like Myrtle Beach. 29450, Mount Pleasant, Charleston County, SC. 36 homes. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. Personal Banking. Inquiries. Sand Dunes Resort Condos For Sale. Pick the perfect place where watching the ocean from your balcony completely soothes your soul and encourages you to sit for hours and meditate. Sometimes one size doesn’t always fit all. Generally, I am able to review the condo project, and determine that the out-of-market lender is incorrectly classifying the condo project as a condotel. However, securing financing for such a unique property can be a complex process. (843) 945-1880. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. 2 Baths. 1105 South Ocean Blvd, Myrtle Beach, SC 29577. -1. North Myrtle consists of four beaches -- Windy Hill, Crescent Beach, Ocean Drive. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. Coral Beach. North Myrtle Beach Waterfront/Oceanfront Condominiums for Sale. Welcome. City-Data Forum > U. LOCATION. Condo For Sale In Myrtle Beach, South Carolina. $239,900. Condo For Sale $199,900. Bahama Sands Luxurious Oceanfront and Ocean View Condos. 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. Bedroom in Myrtle Beach SC. North Beach Plantation. 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. For one, a condo mortgage usually requires extra steps and additional paperwork. Real Estate Investors and homebuyers can also subscribe to our newsletter at word condotel is relatively new to the real estate vocabulary, but it is an important term for buyers to understand if they are interested in purchasing a condo in a resort location. 00 or as much as $3,360. View property. For your protection, do not email your Account Number (s) or Social Security Number. 1003 S Ocean Blvd. Enjoy an in-room DVD player, a TV, and cable/satellite TV. Amenities Photos Map View Reviews FAQs. 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. 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. Condo in Myrtle Beach. com®. OK Myrtle Beach Hard Money Lender, BBB A+ Rated, Excellent Rehab Program for Fix-to-Flip Projects. R. The Caravelle Resort: 6900 N. Columbia SC. Most of the Myrtle Beach oceanfront high rises are condotels. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. com. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. $590,000. 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…. (843) 492-4030. info. Regarding how you like to bank, we know one size doesn’t always fit all. Whether you're a first-time homebuyer or an experienced investor, our expert team is here to guide you through the mortgage process. View our North Myrtle Beach real estate area information to learn about the weather, local school districts, demographic data, and general information about North Myrtle Beach, SC. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. GRAND STRAND COASTAL REALTY. facebook; linkedin;. Trump International Hotel and Tower. With more than 400 properties, Garden City Realty has a beach rental. Bay View Resort - Myrtle Beach Condos for Sale. Most of the Myrtle Beach oceanfront high rises are condotels. Read More. Don't. Let’s assume that the cost to purchase a condo is $250,000, in order to break even the hotel would need to charge $250 per night for your condo and rent out at least 60% of the time. St. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. This ground level 2-bedroom condo is located. Trackback from your site. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking. 2300 N Ocean Blvd. A condo insurance policy protects what your homeowners association (HOA) doesn’t. Dec. 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. 4785 -Personal Banking. These condo hotels in North Myrtle Beach have great views and are well-liked by travelers: Avista Resort - Traveler rating: 4. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. Staybridge Suites Myrtle Beach-West: 303 Fantasy Harbour Blvd. Financing/Investment. North Myrtle Beach, SC 29582 (843) 444-LOAN (5626) wp@444loan. 2013 New Condotel Financing; Loan Process. com (800) 697-4371. 1 Baths. The following are the criteria in which properties would be allowed for condotel financing: The units need to have a full kitchen and a separate bedroom. 0033, [email protected] Edge Dr. Free Wifi. 5 miles from Condotels Golf Colony Resort. Unit 1008, North Myrtle Beach — Prince Resort $355,000. 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. 1. Condotel financing cannot be financed through conventional loans. 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. We’d like to buy stock in the company that charges 40% less expenses on someone else’s investment. The spacious oceanfront and ocean view 2 and 3 BR floor plans feature granite. We also offer our Condo/Condotel Lender List and Closed Sales Histories. Leave a Review/Comment Cancel reply. Compare different loan programs, rates, and down payments for your new. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Blog Author and CEO. 5905 S Kings Hwy Unit A418, Myrtle Beach, SC 29575 is for sale. Here to help. Call Us: (843) 839-2430. [email protected] Home Group offers mortgages for warrantable, non-warrantable and condotel property types. Suggestions on loan resources for condotels in the Myrtle Beach area? Give us a call Jerry Pinkas Real Estate Experts 843-839-9870. 3 Baths. Do You Own Your Home? 2. This document expresses the opinion of Gene Carter, CDPE. A condotel is a. First Last. Gene Carter: Cell 843-455-4785. TRV69318---. The main point to consider when buying an oceanfront condo is the location. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. 2 reviews. North Myrtle Beach, SC 29582. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. 1 bathrooms. Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. It sounds like Vegas. facebook; linkedin;. Embrace the true meaning of a Coastal Living lifestyle with these beautiful New Construction Villas, about 1 Mile to the Beach and move in ready! Visit our Fur. Located on a very quiet street. Seaside Realty Company Broker In Charge, E-Pro Certified. In this article, we will explore the key. The unit is currently rented third-party through Hosteeva. Petersburg CONDOTEL Financing. 455. Financing/Investment. If you decide to invest in a short-term rental property in a condotel, here are four tips for getting started: 1. Receive the Beach Pro Team’s current list of local condo and. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Creative Real Estate Financing; Private Lending & Conventional Mortgage Advice; Real Estate Crowdfunding; Commercial and Multi-Family. CONDO SPECIALISTS. 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. In all states, the principal licensed office of American Financial Network, Inc. Unfortunately, your hometown lender is not going to have such a program but the lenders on our list will. - Homes for sale presented by the Beach Pro Team: 843. Contact us today and let Alpha. Highly likely to recommend Gene Carter has sold five condo's in Myrtle Beach for our partnership in the last 3 years, the last closing 7/1/2020. Angle oceanfront units are approximately $89,000 for one bedroom with a. 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. Camelot By The Sea - Myrtle Beach Condos for Sale. Fix and Flip Loans. ★THE BEST location: mere steps to the beach, walkable to the famous Myrtle Beach Boardwalk, minutes from hundreds of shops, restaurants + attractions ★Spend time w/friends in the 16-person HOT TUB ★Seasonal beachfront pool bar, indoor/outdoor pool decks, hot tubs, lazy river ★FAMILY: Board games, pack n play,. Myrtle Beach, a scenic oceanfront community in South Carolina, offers both guests and residents miles of beaches, inland waterways, more than 100 golf courses, and activities for all ages. A 10% downpayment is required and there are no prepayment penalties. $159,900. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. I hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have. Call 1-866-383-5345 or find a mortgage. I was told there are lenders that will finance a studio condotel so any advice would be much appreciated. Condo For Sale $235,000. Find out everything you need to know about Condotels. Expanded Investor Loans. Myrtle Beach Condos with an Angle Oceanfront View. . Reasons To Refinance; Pre-Approval; Loan Application Info; Loan Application Process; Get Prequalified; News; Testimonials; Contact . 29577, Myrtle Beach, Horry County, SC. Special offer. 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. 2000 Highway 17 S. 12230 World Trade Drive Suite 250 San Diego, CA 92128. 1 Beds. 4785 -. Financing/Investment. Call ☎ (800) 697-4371. 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,. Investor. 3 beds. 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. 201 S Ocean Blvd #905, Myrtle Beach, SC 29577. . The largest property for sale is 3,174 sqft and smallest 307 sqft. Condotel Loans. Beach Cove Resort - Traveler rating: 4/5. $350,000. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. S. USDA. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. 7100 N Ocean Blvd #1126, Myrtle Beach, SC 29572. $387,000. Good value. Long-Term Fixed or ARM Rates. 444. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. Condotel loans are available for up to $1. A condominium hotel, sometimes called a condotel, is a condominium but operated and managed like a hotel. Condotels International Inc. After all annual fees are paid ie. 6. High rise condos overlooking beautiful stretches of coastal shoreline have long been a favorite type of real estate for second homes, vacation…A 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. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. 3bd. 10% Down Payment. Fannie Mae does not mind nightly. Don’t miss out on this rare opportunity to live in the well sought after Birch N Coppice community! This 3-bedroom 2-full bathroom end. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). The financing assumes a 20% down payment and 20-year term. DSCR calculations as low as zero are eligible for the program. 3 Beds. Typically, each of the units within a condotel is sold to an individual owner. NMLS #5645 These programs are available to only qualified borrow1105 S Ocean Blvd. His knowledge and expertise is second to none. 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. 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,. Check your spelling. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. A condotel is just what it sounds like—a cross between a condominium and a hotel. Unit 420, Myrtle Beach — Coral Beach $155,000. com; Mon-Fri 8am - 5pm Sat-Sun Closed; Car Insurance; Home Insurance; Life Insurance; Motorcycle Insurance; Condo & HO6; Flood Insurance; Golf Cart Insurance; Renter's Insurance; Contact Us. Marriott's OceanWatch Villas at Grande Dunes - Traveler rating: 4. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Every lender has its own lending requirements on condotel financing. Choose an in-demand location. If you’re submitting a credit card application electronically via this inquiry form, please leave that field blank and a CCNB representative will contact you once they’re in receipt. 2 bathrooms. Please call us at (786) 220-1100 or email info@lendingbankers. South Bay Inn & Suites: 520 N. 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, rates start in the low 5s, 3/1, 5/1, 7/1, 30 and 15 year terms available. 219 Camber Rd, Huger, SC 29450. The house always wins. 6 Listings from $218,000. $499,000. Breath taking views from unit 708, a direct oceanfront 2 bedroom 2 bath lockout condo in the highly desirable Bay View Resort. Learn how to finance a condotel in Myrtle Beach SC with local mortgage lenders and experts. Beach Cove Resort North Myrtle Beach. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. 1 Baths. CCNB offers special rates and terms for condotels in the Myrtle Beach area. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. Panama City Condo Mortgage Rates; Panama City Beach Condotel Mortgage Rates; Panama City Beach Condo Mortgage Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (850) 495-30355300 N Ocean Blvd. Apply for a Condotel Loan in Miami Through Lending Bankers Mortgage. 1 bedrooms. 1 Beds. Visit 444loan. Mortgages for Condos and Condotel financing in Myrtle Beach. Toll Free: 1-888-667-1772. Myrtle Beach SC. 4817 Magnolia Lake Dr APT 301, Myrtle Beach, SC 29577. 2 Baths. 1,169 Sq. Myrtle Mike Thompson. 1207 S Ocean Blvd. $480,000. Search our selection of vacation condos and homes from Litchfield Beach to the south-end of Myrtle Beach. North Myrtle Beach is located in the area of South Carolina known as the Grand Strand. Located on the 10th floor in the Palmetto building, this. Myrtle Beach Oceanfront Condotel STR Case Study. The HOA will have to have hurricane (also known in SC as wind & hail), traditional hazard (fire usually), and flood insurances. You’ve contracted to purchase and now all you have to do is go back to. Owner financing available beycome. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. Condotel financing terms. Unit owners also have the option to place their unit in the hotels rental program where it is rented out like any other hotel room. You can apply online or contact a mortgage specialist for more information. Investment properties are eligible for the Condotel program. Bay View Resort. Sea Mist Eff/1BA oceanview condo. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. 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…. Located near Main Street and the shag clubs, this stunning oceanfront luxury resort condo community offers the best in luxury, atmosphere and comfort. Myrtle Beach, SC 29579; Office: 800. Leave a Comment. Contact GET THE CASH YOU NEED WITH A REVERSE MORTGAGE! 1. Condotel Financing and Non-Warrantable Condo Loans are Portfolio Mortgages are available with us at Florida Commercial Real Estate Loan Group. Sheraton Myrtle Beach Convention Center Hotel. Nov 3, 2019 - Are looking to purchase a condo in Myrtle Beach, SC not knowing the difference is between a condotel and a condo and why it's important and really mattersIt is also just a short drive away from hundreds of restaurants, shops and other attractions. Many property owners also use their Myrtle Beach condotel for personal use. Condo For Sale In Myrtle Beach, South Carolina. Long-Term Fixed or ARM Rates. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. Apply Now and Get a Quote Today! Get more details. 504 N Ocean Blvd Unit 708A&B, Myrtle Beach, SC 29577. As far as the technical difference goes, if there’s a nightly rent and there’s a check-in desk, it’s a condotel. #D. Sea Watch Resort is close to some of Myrtle Beach’s most popular attractions, including Restaurant Row, the Tanger Outlet Mall, Barefoot Landing, and Restaurant Row. 106 Birch N Coppice Dr. . UNIT #242 Myrtle Beach in A Place At the Beach IV Shore Drive - View all 24 photos. 3bd. 3 bedroom, North Myrtle Beach SC 29582. 161 Posts 128 Votes. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. is a licensed lender. Try adding more details such as location. Office: 800-872-4488. Condos and Homes for Sale in Myrtle Beach. 32 days on Zillow. 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. It offers in size, 1 beds and 1 baths. Call ☎ (800) 697-4371. Investing in a condotel (a condominium that operates as a hotel) can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach,. This is a Condotel, and you must abide by the Wildwood Crest Ordinance which is located in Associated Docs. Enjoy laundry facilities, a patio, and a TV. STR rule updates are here –> Bill 41 (CO 22-7) – Oahu’s New Short-Term Rental Rules 2022. Bars. 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. Financing CONDOSin Myrtle Beach. A setup fee, or onboarding fee, is the first fee you might run into. You can also use this residence for ready and steady rental income. ABC Mortgage Company is located in Myrtle Beach, serving Horry County, Georgetown County along with the rest of the state of South Carolina. NEW - 4 HRS AGO FOR SALE BY OWNER. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. Minimum down payment of 15%. 2300 N Ocean Blvd. 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. Financing Condos in Myrtle Beach Can Be Tricky. View 24 photos of this 2 bed, 2 bath, 1045 sqft. Financing/Investment. Condotel-Loans Condotel Loan. . View 1276 homes for sale in Daytona Beach, FL at a median listing home price of $285,000. Many of those visitors that come, buy and sell real estate which generates hundreds of millions of dollars in tax revenue for the state of SC. Best-located and Equipped North Myrtle Beach Condos. condotel financing situation is “as good as it gets!” A little-known “secret” is that condotels (condos in developments with check. Individual owners have units, but they have. Island Vista Oceanfront Resort - Traveler rating: 4. 504 North Ocean Blvd #310, Myrtle Beach, SC 29577. Overbuilding. Questions: 803-998-1000. . Myrtle Beach, SC 29579; Office: 800. 991 38th ave n, myrtle beach, sc, 29577. Our. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. 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. Bella. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. Morant’s proposed condotel, named “The Black Pearl of the Atlantic,” would be located near 30th Avenue South and South Ocean Boulevard, and feature 168 hotel rooms, 36 short-term rental. I. 1516 Edge Dr. It was completed in 2000. NEW - 4 HRS AGO FOR SALE BY OWNER. Get a quote Or, call 1-855-347-3939. Website. 37 ACRES. 2207 S Ocean Blvd #809, Myrtle Beach, SC 29577. Thu, 26 Oct 9:00 AM to 4:00 PM. com (800) 697-4371. Myrtle Beach - Click Below For Columbia; Columbia, SC - Click Below for Myrtle Beach; 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN. The Brighton Tower is an upscale 21-story oceanfront condominium tower in Kingston Plantation, a 145 acre world-class resort located in the Arcadian section between Myrtle Beach and North Myrtle Beach. We consider loan-to-value ratios of up to 65%. - Homes for sale presented by the Beach Pro Team: 843. 2% within the next year. 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 v Contact Us. South Carolina Beachfront Condos & Villas For Sale listings have an average sales price of $342,818 ranging in price from $24,000 to $1,599,000. 2 Beds. 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. 1,000 Sq Ft. Or you can find a $1. Condotels are condominium projects, which are individually owned and operated as a hotel. Financing/Investment. We have the experience and knowledge to help you find the right condo insurance policy for your needs and budget. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. 2318867 MLS. is an equal housing lender. The money you make from the rental can help you offset some of the costs and often create extra revenue. These rentals, including the outside marketing of them, are handled directly by the management company. It sounds like Vegas. North Myrtle Beach. MORTGAGE CALCULATOR. 00%. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. S Unit 816, Myrtle Beach — Coral Beach $170,000. Condotel Financing Myrtle Beach, etc. Financing/Investment. . Investment property loans Commercial & Residential Condo Hotel Loans. The units are individually owned.