My first home ever and competing with deep pockets

[Luis Rodriguez Jr]

I am finally able to start looking at my first home and realized I am going against so many investors with deep pockets! Holy crap! Is there an end in sight? I have looked from Woodstock, Ga all the way across Cumming, Gainesville, down to Gwinnett County and half a dozen or more show up and I have to outbid? yikes.... looking for a sfr 3/2, .5ac , up to $180k with $10-30k down payment. Madness..... I love it

[Matthew Nicklin]

No doubt the Atlanta market is hot right now. Anything sub $300k is going with multiple offers. 

There are a ton of cash buyers out right now, so I am not surprised to hear you are missing out due to cash buyers. I am seeing some buyers on the conventional financing side waive appraisal/financing contingencies to be more competitive.

The Atlanta market as a whole is at 1.2 months of inventory, which is the lowest it has ever been. With some pockets being as low as 0.7 months of inventory. 

As others have said you have to be persistent but you also have to make a competitive offer.