1. Assuming this is a Vacation Rental Property you plan on renting out AND using yourself, you're going to want to pick a property that you, yourself, would like to move to in the future?
2. How much can you afford to be OOP (Out-Of-Pocket) on a monthly basis? You'll need to factor in HOA fees and they can vary GREATLY up and down the beach.
3. Once you know what your Credit Score is, have received your Pre-Approval Letter and you know how much you're able to spend, you sir, are READY TO GO.
4.. Call me at 843.455.3273 to START YOUR SEARCH today :o)
Jennifer Watts, Realtor
There are a lot of great investment properties in the area. If your familiar with the area I would say pick a location that makes you comfortable. I also think factoring in proximity to area attractions is a good idea. I you would like detailed info please call or email me directly. I would love to show you why I invested in the area being originally from the north.
Century 21 Broadhurst & Associates