Advice for a 21 year old

[Raul Sorto]

Hello bigger pockets family, hope this post finds you well.

About a year ago I posted asking for advice for getting started into real estate. I greatly appreciate everyone that responded to my post.

As an update I have done 5 wholesale deals in the last 11 months and now I’m getting decent traction by staying consistent.

I have invested a lot of time in myself looking to learn as much as possible, but I realized I wouldn’t learn without action.

So here I am seeking advice once again as I’m barely scraping the surface in this business.

I have primarily focused on single/ multifamily homes in the greater Atlanta/ Gwinnett area.

However, after letting everyone know I’m in the real estate business a buddy of mine reached out looking to sell a condominium he has in south Atlanta. (Not really a market I target)

It is a section 8 rental where the tenant is paying him $200 and $850 from the state ($1,050 total)

$230 in Hoa, he purchased it for $137k and is asking $100k

The apartment is in pretty decent condition minus cosmetic repairs

But after looking at comps, units in this complex are going between $110-$115k

I’m not too certain if this a deal. But I’m looking to help him get rid of this property because he is out of state and has motivation to sell fast..

I haven’t had any luck with my buyers because they only focus on Multifamily or single families.

So what would be a good way to help in this situation?