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Investment Properties in Columbia : Real Estate Advice

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Activity 9
Thu Dec 1, 2016
Alexander Ross answered:
All depends on the price and on where you're property is located. You maybe able to a 10% down program. You can reach out to me via my profile and let you know some options.

Best,
AR ... more
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Tue Nov 29, 2016
Shadanaarchie answered:
Hi Steve, I know someone in the Columbia area who is good at working with investors. I am also an experienced property manger email me directly at shadana@allpropertymanagementsolutions.com ... more
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Thu Feb 25, 2016
Cpr.asap asked:
Primarily for classrooms and an area to use as a recording studio
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Thu Nov 12, 2015
Darrell D. Drouillard answered:
It appears you do have a 2 year work history, just not with the same company and not in the same state. As long as you have verifiable history, that should not be a problem. Contact a lender and they can pull your credit and look at your financials to better guide you. If it's going to be a flip home, a commercial lending department or a local hard money lender is your best bet....more than likely a hard money lender will work best for your situation. Good luck. ... more
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Mon Sep 14, 2015
Sjespersen1215 asked:
I am looking at starting my own property management company and I'm looking for an investor to buy small communities
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Fri Sep 12, 2014
Elaine Gillespie answered:
Brent, it is 6% for investment property but it is what it is and not much can move that mountain. However, what makes the difference and separates the wise investors from...well all the others...is the educated decision about which county in which they invest. Columbia, SC sits in two counties so you have a choice...plus there are several contiguous counties that have low milage rates. Rates change each year, so you should do your homework before buying (or have your agent), but historically, Lexington County milage rates are less than Richland County and it is therefore the wiser place to invest if one of your goals is cash flow. Here is an oversimplified (all things being equal except the milage rate) example:

County A in SC-------------------------------------
Fair Market Value of Rental Property $100,000.00
Multiplied by Assessment Ratio 6%
Equals Assessed Value 6,000
Multiplied by Millage Rate for District .2500
Equals Taxes Due by Property Owner >>>>>>>>>>>>>>>>$1,500.00

County B in SC-------------------------------------
Fair Market Value of Rental Property $100,000.00
Multiplied by Assessment Ratio 6%
Equals Assessed Value 6,000
Multiplied by Millage Rate for District .4043
Equals Taxes Due by Property Owner >>>>>>>>>>>>>>>>>$2,425.80

Personally, I have bought, renovated, rented and sold investment property all my life and would love to help you find something that is a good fit for you and your family! Check out my bio and give me a call if you need assistance. EG 803 446 3935
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Mon Dec 9, 2013
Brian Bradley answered:
Hello Maria,
I will be glad to help. I know of several properties that would be great investments near USC. If you could email me at brandybradley1@yahoo.com or give me a call at 803.427.2990, I will be glad to semail you a list. I look forward to helping you!
Brandy Bradley
... more
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