Looking for Partners and Investors for future deals in Atlanta

[Gershom Lewis]

Good Day BP!

I just got back from Atlanta after spending a week in a rented house with my family. The plan was to bring my family to Atlanta to have a great time and to convince everyone to move down there with me (I just need the wife to be convinced). I also used the opportunity to check the market, establish some connections, and to put boots on the ground. This is important since I live in NYC (Brooklyn), and the properties are too expensive. After brainstorming, I think I would like to bring in an investor. My goal is to purchase commercial multi-unit properties, but I have to get seasoned before a lender would look my way. I would like to jump into that space, but I don't have the finance nor the experience. I bought a multi-family in Philadelphia many years ago, but sold it and have not purchased any property since. I would like to work with someone to either purchase a duplex or work with someone on a deal on a multi-unit property in Georgia.

What can I bring to the table? 

I have a few pre-approvals in NYC (can't be used in Georgia) and was pre-approved in Georgia (working on getting a better lender with great rates)

I have 20K for a deal, but need another 20K to start with one family. *I rather work on a duplex so I can maybe do a FHA. Rent one out, and Air BnB the other side which I can also use to stay when I am in Georgia when it is not being rented.

Credit is in the 700s, and I have been in the IT field for the last 20 years with ok income.

The tech in me loves to research and working on getting better at this. I gathered a lot of knowledge over the years, and tend to think out the box keeping the next steps in mind as I am working on present projects.

I am hungry and would like to purchase at least one property a month.

Goals

As I stated, I want to get in the multi-unit property space. I think I have to start with buy and holds, and especially flips to get to the multi-unit goal. I want to make areas better then I found it, help as many people on the way, create financial success with crippling my family finances, and financial independence.

I am back at my 9-5 today after a great week, and realize more then ever I want to start a new beginning. Once I get a handful of properties under my belt (mine or partnering), it will make my transition easier from NY to GA.

PS The best way to investigate a market is to turn it into a family vacation. It was expensive but so worth. If the family like the area, that is half of the battle. These decisions are easier when everyone can be involved.

Gershom