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Updated about 3 years ago on . Most recent reply

User Stats

7
Posts
8
Votes
Jimmy Stainback
  • Rental Property Investor
  • Atlanta, GA
8
Votes |
7
Posts

Experienced SFR investor ready to make the jump

Jimmy Stainback
  • Rental Property Investor
  • Atlanta, GA
Posted

I’m a single family investor north of Atlanta, Ga. Over the last 7 years i’v acquired 14 doors over 9 properties by house hacking, BRRRing, owner occupant financing and some conventional investor loans. My portfolio is valued at 3.5 M and I have about 1.4 in equity. I’m ready to put this equity to work and jump into larger multifamily (10-40 units 1.5-3.5mil) in the southeast. Does anyone have any advice or direction that they would like to offer… At the very least I would love to chat with anyone who share their own experience of this transition. 
Thanks!! 
Jimmy 

Most Popular Reply

User Stats

28
Posts
22
Votes
Mike Cosmah
  • Real Estate Broker
  • Columbus, GA
22
Votes |
28
Posts
Mike Cosmah
  • Real Estate Broker
  • Columbus, GA
Replied

@Jimmy Stainback

Congratulations on your success!

I’m currently working with a client doing the same thing. After he decided on his desired market, team members (broker, pm, lender,ect), investment strategy and underwriting criteria we started putting in offers.

There are great opportunities for Cash flow Multifamily properties in the southeast.

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