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Updated over 5 years ago,
New Investor Looking for Advise
Good morning,
I found a duplex in the West End of Atlanta, GA asking price $150k. ARV $210k. One unit is already rented at $850 a month. The home directly behind it appear to be abandon. I have access to funding and made an offer of $145k. The agent let me know they have a few other offers and asked that we come back with highest offer by Sunday. As a new investor, I'm not sure what to do.
I don't know if I am ready to be a landlord but I am eager to get my first deal done.
Anyone have any suggestions?