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Updated over 5 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
Prince Conley
  • Real Estate Investor
  • Atlanta, GA
2
Votes |
23
Posts

Single Family Home Portfolio

Prince Conley
  • Real Estate Investor
  • Atlanta, GA
Posted

So I have a friend of mine who's an agent in Atlanta. She has a decent off-market portfolio of single family homes/duplexes and triplexes (20+) with a good NOI. Not in an amazing area but not a war zone either. I don't think I can wholesale the deal as it's off-market but with an agent here so I could potentially go the find a buyer get a fee route I suppose. I honestly would love to try to get 100% financing and just purchase them myself however is that even possible. I just purchased a home so my savings are pretty much gone and there are a lot of other issues that have came up which really would not allow me to purchase through credit.

Bigger Pockets Community how can I make it work? Or should I just forget about it. Any info/help/advice/partnerships would be useful. The numbers are below:

Price: $2.3m

Gross Annual Income: $256k

Annual Net Rental Income: $206k

Net ROI: 8.79%

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