U. See pricing and listing details of Daytona Beach real estate for sale. Condotel Loans. 5905 S Kings Hwy Unit A418, Myrtle Beach, SC 29575 is for sale. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. . Stay at this business-friendly hotel in Murrells Inlet. 201 N 74th Ave. Currently, there are 224 ACTIVE Condo Listings at this time for the Honolulu Condo Hotels for Sale category. The units are located within a building that has the amenities of a hotel, including a front desk as well as a cleaning staff. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment. South Bay Inn & Suites: 520 N. Contact Information. Thanks in advance. Generally speaking, only lenders with in-house programs designed for condotels can finance condotels. is 10 Pointe Drive, Suite 330, Brea, CA 92821; Phone: (714) 831-4000 (NMLS ID. 3 Baths. 1105 South Ocean Blvd, Myrtle Beach, SC 29577. Beautiful 3 bedroom/2 bathroom home in the prestigious gated golf course community of Prestwick, located very close to the beach about 1/4 mile away. There is no maximum loan size on Condotel Financing Mortgage Loans. Please call us at (786) 220-1100 or email info@lendingbankers. com. Located on the 10th floor in the Palmetto building, this. 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. 2318867 MLS. Lauderdale, FL, etc. 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. 455. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. Call ☎ (800) 697-4371. 3 Beds. Roy Dunn – Coastal Financing Guru. An. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. View Hotel. - Homes for sale presented by the Beach Pro Team: 843. 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. 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. 455. Nov 23, 2023 - View the Best vacation rentals with Prices in North Myrtle Beach. Come and. Condo Financing and Condotel Mortgages. This ground level 2-bedroom condo is located in the popular Seagate Village. - Condo for sale. North Myrtle Beach Waterfront/Oceanfront Condominiums for Sale. 991 38th ave n, myrtle beach, sc, 29577. 1207 S Ocean Blvd. - Homes for sale presented by the Beach Pro Team: 843. Established in 1985, Barefoot Rental Management provides residential property management services in Myrtle Beach as well as Surfside, Garden City, Murrells Inlet, North Myrtle Beach, Conway, Carolina Forest, and Little River. Staybridge Suites Myrtle Beach-West: 303 Fantasy Harbour Blvd. BridgeWell Capital professionals often finance investments in 10 days or less; no matter your current credit, financial, or employment situation. ★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,. $239,900. The Grand Strand is known for its famous golf courses and country clubs. * Conveniently Located near Myrtle Beach & North Myrtle Beach courses & attractions. Website. 201 74th Ave N #2731, Myrtle Beach, SC 29572. Trackback. 10% Down Payment. 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. Indeed, when looking to rent in Myrtle Beach, SC, you can expect to pay as little as $570. TRUE Private Money! Close in as little as 10 Days, No FICO Min. Bella. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. Unit 5, Myrtle Beach — Birch N' Coppice $275,000. Brittany Baker Poster Pro. Coral Beach. Condo Financing and Condotel Mortgages. Fast Closing and Flexible Underwriting. 5 days on Zillow. Unit 1002, Myrtle Beach — The Palms $549,999. com (800) 697-4371. Fast Closing and Flexible Underwriting. The condotel must have at least 500 square feet of living area. LOCATION. . Coral Beach Bldg. High LTV and Interest-Only Options. 5/5. Posted Dec 5 2022, 13:44. 4785 - Posted 3 years ago. 1,000 Sq Ft. Financing/Investment. 455. Direct oceanfront corner lockout now available at Boardwalk Beach Resort in the heart of Myrtle Beach! This renovated, turnkey 2 bedroom, 3 full bathroom condo can accomm. 4785 - Home; Search MLS. Another question I get asked all the time is what is a condotel? Condotel versus condo? A condotel is a condo that can be rented by the night, by the week, o. Barefoot Rental Management 4999 Carolina Forest Blvd, Suite 12, Myrtle Beach, SC 29579. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all. 503. DSCR calculations as low as zero are eligible for the program. 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. I am looking at Myrtle Beach for my first property. We were considering buying a condo tell in Myrtle Beach till we learned the rental split was 60/40. 201 W Passaic Street Rochelle Park, NJ 07662 Phone: (800) 876-5626 [email protected] Condotel. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. Airport (MYR) airport, the closest popular airport to the property. 2% within the next year. Owner Financing available for qualified buyers. com. 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. Compare hotel prices from hundreds of travel sites and get great deals. 169 reviews. Free Wifi. Miami CONDOTEL Financing. Depart. North Myrtle Beach, SC 29582. 00. MORTGAGE CALCULATOR. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. Most posts I've seen on this topic are old. For those who need condotel financing, please contact us at Gustan Cho Associates at 262-878-1965 or text me on my cell for faster response at 800-900-8569. Save time and money on finding your ideal accommodation with millions of reviews and photos on down condotels in Myrtle Beach. With more than 400 properties, Garden City Realty has a beach rental. The Ashworth Resort 102 N Ocean Blvd North Myrtle Beach, SC. Born in the talons of Jim Crow, Atlantic Beach was established in 1934 after entrepreneur George Tyson gave the county a $2,000 down payment for development rights on 47 acres between 29th and. 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. Unit 420, Myrtle Beach — Coral Beach $155,000. 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. 32 days on Zillow. 37 ACRES. 955 Condos For Sale in Myrtle Beach, SC. 5/5. which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. location of a barber shop, has sued a candidate running for council on Nov. (843) 444-LOAN (5626) Home. The project. Nice residents and friendly staff. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. 20%. But in general, the general consensus among condotel mortgage. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 475 sq ft. 00. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. When people book a short-term rental, they typically. 3 beds. The units are individually owned. Search the web for: condotels condotels north myrtle beachClick 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. Now, with a population of 30k permanent residents and. 4785 -. When a project as a whole, functions more like a vacation rental resort, the building is ineligible for. $590,000. Enjoy the. Myrtle Beach in Crystal Lake - View all 2 photos. 387 sq ft. Required fields are marked *Stay at this hotel in Surfside Beach. Condotel Financing – As Good As It Gets? Newsletter – July 2013 Loans made or arranged pursuant to California Financing Law. Receive the Beach Pro Team’s current list of local condo and. 596 sq ft. 2151 Bridgeview Ct. You can also use this residence for ready and steady rental income. com (800) 697-4371. Learn about Myrtle Beach Home Loans, First Mortgages, Second Home Loans, Condotels, FHA and VA Loans, Any Credit. 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. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. . It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. Featured Resorts in Myrtle Beach, SC Bay View Resort. 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. Specific property information is deemed reliable but is not guaranteed. A Condotel Loan (condo hotel, condo-tel, Condo Hotel Financing, etc…. Medieval Times Dinner & Tournament. Myrtle Beach SC. 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. 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. 5/5. - Homes for sale presented by the Beach Pro Team: 843. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. North Myrtle Beach is located in the area of South Carolina known as the Grand Strand. 4785 -1512 Taurus Ln. GRAND STRAND COASTAL REALTY. . . 19 Properties in Myrtle Beach from $119,000. APPLY NOW. We also offer. 1 Baths. 3bd. Condo For Sale In Myrtle Beach, South Carolina. Sqft, n/a. 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. Blissful Mortgage Condo loans. Condotel Financing began to be a very popular idea around 2001, because of difficulty in funding a Condotel Loan higher than 50% of the Condotel purchase price. This article was provided by Oren Orkin of Capital Funding Mortgage Company, LLC, a residential and commercial lender that can provide financing for condo hotel units. The Ashworth Condos For Sale. Warrantable condos are one that a homebuyer can finance using a conventional mortgage, after having been approved under a set of guidelines set by government-sponsored enterprises Fannie Mae and Freddie Mac. Beach Park Resort - Myrtle Beach Condos for Sale. (843) 444-LOAN (5626) wp@444loan. You can also use this residence for ready and steady rental income. 813 2nd Ave N. 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. #7 of 8 condos in Garden City Beach. FOR SALE BY OWNER 0. Overbuilding. Demise Of Condotel Financing After Real Estate Meltdown. Condotels. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. * Premiere Fitness Center. CONDO FINANCING. 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 hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have. Ocean Blvd. Loan Amounts to $417,000. . (843) 945-1880. CENTURY 21 THE HARRELSON GROUP. There are 2,731 real estate listings found in Myrtle Beach, SC. 1 bedrooms. 720 sqft. Wow! I didn't know what that was beforehand and now we can't even use the pre-approved loan to purchase it. com. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. This 3 bedroom, 2 bathroom condo at The Palms in Myrtle Beach has en. 1321 S Ocean Boulevard, North Myrtle Beach, SC 29582. 813 2nd Ave N. 2 Baths. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Owner Financing Available - Myrtle Beach, SC Home for Sale. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. If you think that condotel ownership may be for you, we can help you apply for competitive condotel financing in Miami or the surrounding region. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. Bay View Resort - Myrtle Beach Condos for Sale. Unit 1-904, North Myrtle Beach — Yacht Club Villas $619,999. The money you make from the rental can help you offset some of the costs and often create extra revenue. 4066-C Taranto Loop UNIT 5203-C Myrtle Beach in Bella Vita Garden Homes - View all 22 photos. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. Financing/Investment. Source: activerain. Blissful Mortgage is your Condo Mortgage loan experts with 17 years of experience. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. 2 bedroom, Wildwood Crest NJ 08260. Florida for $50,000 close by the beach. North Myrtle Beach, SC 29582. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. Receive the Beach Pro Team’s current list of local. North Myrtle Beach, SC 29582. Condotel Financing and Non-Warrantable Condo Loans are Portfolio Mortgages are available with us at Florida Commercial Real Estate Loan Group. We consider loan-to-value ratios of up to 65%. Some Myrtle Beach real estate agencies can only show certain areas, but we are not restricted. 1% over the past year and Zillow predicts they will fall -2. (843) 492-4030. 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. Sometimes one size doesn’t always fit all. This ground level 2-bedroom condo is located in the popular Seagate Village. VA Loans. Welcome. Typically, each of the units within a condotel is sold to an individual owner. 1 Beds. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. Colorado Springs CONDOTEL Financing. Myrtle Beach, SC 29579; Office: 800. Investment property loans Commercial & Residential Condo Hotel Loans. 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. Richmond CONDOTEL Financing. Visit hotel website. This document expresses the opinion of Gene Carter, CDPE. A: 1515. 1 Baths. Beach Park Resort - Myrtle Beach Condos for Sale. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. Refer to and input NMLS #237341 to see where American Financial Network, Inc. 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. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. Minimum down payment of 15%. Another Myrtle Beach hotel with towering views of the Atlantic Ocean is for sale. Bay View Resort. - Homes for sale presented by the Beach Pro Team: 843. Columbia SC. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. . Get started with a free quote today. We were considering buying a condo tell in Myrtle Beach till we learned the rental split was 60/40. Lauderdale, FL, etc. View property. 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. Investment property loans Commercial & Residential Condo Hotel Loans. 4785 -. Condotel-Loans Condotel Loan. View Details. net. . info@afbcarolinas. Licensed SC Realtor for more than 35 years !!Does anyone have any advice or gotchas to look out for when buying a beach condo in a hotel to use as a rental unit with the hotel managers onsite? Think myrtle beach type rooms. com®. Whether it is the beautiful accommodations, fantastic food, or full amenities, Coral Beach Resort and Suites has it all. Condotel Financing Guidelines. View 1276 homes for sale in Daytona Beach, FL at a median listing home price of $285,000. 3 Beds. $350,000. 1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. The CondoLux staff is very helpful on the phone and at the office. Condo hotels are without doubt the most intelligent investment I've ever undertaken, and this investment has helped with some significant returns. Locally, we have a handful of local lenders, with very. net. Now we’re seeking a publicly traded condotel management company. 991 38th ave n, myrtle beach, sc, 29577. Mortgage rates for condos and other types of properties have been volatile in recent years. 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. Although. W. 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. STR rule updates are here –> Bill 41 (CO 22-7) – Oahu’s New Short-Term Rental Rules 2022. Forums > South Carolina > Myrtle Beach - Conway area: Condotel purchase on the beach - Myrtle Beach User Name: Remember Me: Password. View 24 photos of this 2 bed, 2 bath, 1045 sqft. TRV69857---. 303% for a 15-year fixed, and 7. 08260, Wildwood Crest, Cape May County, NJ. 18, 2009. Show more. 3 baths. Amenities are plentiful and include three outdoor pools, oceanfront whirlpools, a kiddie pool, and a 350-foot. In this article, we will explore the key. 455. Breath taking views from unit 708, a direct oceanfront 2 bedroom 2 bath lockout condo in the highly desirable Bay View Resort. Minimum down payment of 15%. . Call ☎ (800) 697-4371. Page 2Pamela D. This unit features a full kitchen equipped with a full size fridge, rang. Jumbo Mortgages/Adjustable Rate Loans. Our mortgage lenders will gladly review your unique situation and find a flexible solution that best fits your lifestyle. Located in the heart of Myrtle Beach, The Caravelle Resort Myrtle Beach SC makes it easy to enjoy all of the delicious restaurants, golfing, adventure, shopping, and entertainment that the Grand Strand has to offer. Financing Condos in Myrtle Beach Can Be Tricky. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. 455. 2. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. Provided Horry County. Sheraton Myrtle Beach Convention Center Hotel. No appointments necessary. Thu, 26 Oct 9:00 AM to 4:00 PM. Or you can find a $1. Myrtle Beach, SC 29579; Office: 800. See BBB rating, reviews, complaints, contact information, & more. Get a condo insurance quote online or call for advice. Condotel-Loans Condotel Loan. Looking for reasons to do it or not do it. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. Financing Condos in Myrtle Beach Can Be Tricky. 4785 -. » Hotels in Myrtle Beach. com. The Preserve at the Clam Farm's 62 luxury three- and four-bedroom townhouse condominiums, an ERA Tides Realty… read moreFrom the tiny, tight-knit town of Loris to the bustling boardwalk of The Beach, the 14 unique communities of Myrtle Beach offer their own attractions, atmosphere, perks, and properties, all with access to the sandy shores of the Atlantic and mild year-round temperatures. [email protected]. - Condo for sale. Discover genuine guest reviews for Condotels at Coldstream Cove along with the latest prices and availability – book now. CONDO FINANCING. is a licensed lender. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Contact BrickWood Mortgage today at (843) 314-4101. M - F 8am -5pm. We offer a variety of mortgage options: Conventional Mortgages. . This unit is at the Atlantica Resort, which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. Non-Warrantable Condos. condo with a list price of $179000. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. 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. [email protected] a larger selection of condo types - we lend on a wide variety of condo developments, including new construction and conversion projects. We offer 3/1 ARM, 5/1 ARM, and 7/1 ARM Condo Hotel Mortgage Loan Programs, amortized over 30 years. (843) 796-1358. The most recent sale had a number of twists and turns. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). We’d like to buy stock in the company that charges 40% less expenses on someone else’s investment. Fix and Flip Loans. About the Condotels Golf Colony. This efficiency ocean view unit has a spectacular view down The Myrtle Beach coastline with a North Sunrise view. 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!!. UNIT #1101 North Myrtle Beach in North Shore Villa - View all 40 photos. S Unit 816, Myrtle Beach — Coral Beach $170,000. NMLS #5645 ǀ AZ Lender #BK-0906866 #MLB5645 On Q Financial, Inc. *A $250 refundable cash security deposit is required upon check-in for this unit type. A condotel is just what it sounds like—a cross between a condominium and a hotel. DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 GeneCarter@BeachProTeam.