Looking for an agent for s/e Nashville

[Ben Phillips]

Hey BP friends,

I am looking for an agent to work with me to find my next great deal! I'm looking for a 3/2 SFH in the southeast Nashville, TN area, which could be: La Vergne, Smyrna, Murfreesboro etc. Murfreesboro is as far south as I'd like to go. I live in CA but will be traveling there in May then again in December. Looking forward to working with an agent with experience working with investors, and preferably who has investment properties of their own.

Thank you!

Criteria:

3/2+ SFH

Built after 1980

No HOA

To be financed at 80% LTV

Not a “fixer-upper”. Would like to do standard maintenance only (painting, etc as needed)

Cap rate > 8%

Purchase price < 120k

Meets the 1% rule

Ability to acquire at ~20% discount to market price due to motivated seller, REO, etc.

Foundation preferred

Brick preferred

Not on a FEMA floodzone

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