New Atlanta Investor: 30K Saved, What Now?

[Ricardo Carey]

Good evening fellow Atlanta BP members! A little about myself. I’ve been interested in investing in real estate for the past year but haven’t had the finances or knowledge to feel comfortable enough to take the leap. Over the past year I’ve been listening to podcasts and saving money in order to one day do a deal. So far I’ve saved 30K and I feel like I’m ready. I work as a fire fighter in my main job so I have the time to Invest in Real Estate. Can anybody offer any sound advice for investing in the Atlanta market? I’ve reached out to a few wholesalers and the feedback I’m getting is that 30K is not really enough to finance a deal. Any advice would be greatly appreciated. Is partnering with an exp. investor a good idea? If so, where is the best place to meet these seasoned investors? Thanks

[Rush Wall]

@Ricardo Carey you should look into joining one of the local REIA's and visit some meet ups to start networking. IMO your best option would be the BRRRR method or a cosmetic flip. Since you have 30k saved up, you will want to get pre-qualified with a traditional lender for a loan to purchase a property and use your 30k for the rehab.