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Updated over 4 years ago on . Most recent reply

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Newbie and dipping my toes

Posted

I am new here and buying my first property in Atlanta north suburbs. It’s a new construction worth about 250k single family.

I know most would never recommend this idea but for me I have kept hard cash in my bank account for long.

I’ll put down about 25% and closing cost comes to zero sum as my seller is giving 5k credit along with lender credit of 2.5k @3.75% interest.

I believe new property would not give lot of trouble for at least 5 years and planning to be own property manager to learn things on rental investment.

For me it’s more about learning for few years.

After that my aim Is more on multi family home like triplex and more.

When I search for them I do not see anything in Atlanta region. How to find them.

If that’s difficult is it possible to find a good builder in Atlanta who construct multi family home.

Thanks and wish me luck. I have learned a lot in this forum.

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