Buy and Hold in Atlanta Metro Area

[Jeffrey Emery]

Investment Info:

Single-family residence buy & hold investment in Atlanta .

Purchase price: $120,000
Cash invested: $15,000

Pain $120,000 Rehab inside, Rent = Nice Positive Cash Flow, Property is now worth $210,000

What made you interested in investing in this type of deal?

The super hot Atlanta Market

How did you find this deal and how did you negotiate it?

Found Online, bought sight unseen, paid full asking price as it was priced right.

How did you finance this deal?

Traditional Bank Financing.

How did you add value to the deal?

Rehab interior.

What was the outcome?

Now have equity (House has nearly doubled in value in 3 years) and positive rental cash flow.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am licensed in Georgia.