Looking for an agent who specializes in small multi-family homes in ATL

[Elaine Raymond]

I am an aspiring first-time home buyer looking to house hack with a duplex or triplex. I'm looking for an investor friendly agent who is familiar with multi-family deals in or just outside of the Atlanta area. I would especially appreciate recommendations from people who were happy with an agent they worked with on a similar deal. 

[Michael Dumler]

@Elaine Raymond, the small multifamily space in and around the ATL area is unique, to say the least. First, inventory for 2-4 unit deals has been dreadful these past two-three years. Moreover, any solid small multifamily deal that does hit the market usually results in a bidding war amongst aggressive investors. If you're planning on financing via an FHA-insured loan, this will make acquiring small multifamily deals even more difficult. Depending on your budget as well, a lot of markets can be ruled out. Small multifamily deals that lie outside of the perimeter are often in B-/C+ class subdivisions. I've posted this ad nauseam on the BP forums, however, I would advise including single-family homes that have an in-law suite or separate basement entry in your search criteria. Needless to say, these specific properties can be great house hack deals if you source the in-law suite as an STR on Airbnb. There are other house hacking methods as well. For instance, I'm house-hacking my primary residence by renting the additional bedrooms. A simple, yet effective strategy to cover the majority of my mortgage. As an investor-focused agent, I work with house-hacking clients regularly. If you have any real estate-related or house-hacking questions feel free to reach me via cell or email (contact info is listed in my bio).