All Forum Posts by: Joel O.

 Thanks for the response. I do understand Bankhead is a rough area, but regarding areas outside of bankhead such as around the university area and the stadium it doesn't seem so bad, and these are the areas I see lots of opportunities as well, but see that those properties are staying on the market for a long time which makes me question why or what the issue is. 

Honestly I think I should contact a couple of listing agents and ask questions. Do you think that is something i could do?

Sup ladies and gents before you continue reading this, this post is aimed towards ATL (atlanta, ga) investors.

so ive been looking at investing outside of my local area and have been interested in areas like tampa and atl and have a question regarding atl. Ive been interested in MFU and see a lot of MFUs that seem to be too good to be true, at least compared to clt nc. Why arent you atl investors snatching up these properties, Is there something wrong with the area? Im talking specifically about the bankhead area. I know bankhead is pretty rough, but is it really THAT bad that your avoiding the area? Ive been there plenty of times and it doesnt seem THAT bad to me especially since the stadium has been built. 

Sorry i started rambling, but im just confused. I know fulton county is doing a restoration program why wouldnt this incentivize you to snatch these properties up?

 Thank you for the help !

Great, now lets say I found a HML would would finance 75% of the property. Would that be considered 'cash' to the seller? The deal I am looking at COULD be good if I were able to leverage the fact that the property is less than below average.

 Not entirely sure what 'bid with cash' means (Even after googling it sorry). 

Lets say that due to the condition of the property would I have any type of leverage over the seller requesting to purchase at a lower price ?

Due to the condition of the property, If I were to find a HM lender would points, fees, and the like really create a problem for my pockets?

Hey guys, i have a question i would like for you all to help me with.

There is a MFU property that I am interested in and would like to make an offer on. My agent says that the seller is requesting cash offers only and she suspects cash only due to the fact that the property may fail inspections.

What can I do in order to get this property? BTW property has been on market for 135 days.

Please do not say move on to the next property, I fully understand if none of the other options you guys give me works I would definitely just move on.

 Hey Michael, thank you!

I figured that is what i had to do, but i expected to see other members/viewer's questions to populate as their questions were being asked.

Ive been watching webinars forever now and never see anyone ask questions but the hosts are always reading off questions and answering them. Where can i post questions am i using the correct website/link?

Im using app.gotowebinar(dot)com

Is this correct?

Yes i think what they would do is compare the subject property to similar properties in the area, similar price, similar sq ft, similar units. Is your subject property an actual MFU or is it a SFH that you want to turn into MFU?