Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Please help me evaluate Atlanta Sub-to Deal!
Have a seller who inherited property in EastPoint, Ga, owes 42k in mortgage, behind in payments by 6k. Seller wants to walk away from deed for a few thousand dollars to use to relocate. Repairs seem to be in the 15-20k range, i am not too sure about the neighborhood. If taking over payments, would be looking at $520/month.
Anyone familiar with this area in Atlanta, as to if it may be a good by and hold?/Possible flip?
292X 8th St, EastPoint, Ga 30344 3/2, 1200 sf