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All Forum Posts by: James Richburg

James Richburg has started 1 posts and replied 2 times.

@Jaysen Medhurst

Thank you Jaysen this information is very helpful. I will continue to post and ask questions as I am going through the process. What kind of properties make for a good rental? Would it be good to finance enough to cover any renovations or just use my own cash for that?

I currently reside in the Atlanta area and I am wanting to buy my mother’s home now so I can use it as a rental property because she is moving. The homes in that area rent for 20% above market so there is profit to be made passively. What is the best way to fund this? I have looked at home loans from banks that i qualify for. I only know real estate from a hole buyer perspective. I merely want to find financing and get it in my name. Would I need lawyers, inspectors etc....What would be the best route to go about this?