Unique neighborhood and product within local market.

I was wondering if there are any investors here that already have a portfolio in Memphis that might be looking to add a property.I'm working with Crestcore and I like them but I've realized I prefer local investing.

Local banks tend to do those 5 year ARMs but there are institutional programs that can do 30 year fixed even with those values sub 100k.

Some ways to find that person is local Real Estate Investor Facebook groups, local Real Estate Investor Associations, Realtors who list multiple properties for other investors, Bigger Pockets website's forum, and local property managers.You will also want to try to get on the buyer's list for local real estate wholesalers.To Your Success!

You can also contact a local alcoholics anonymous or other organizations and let them know you have space available for anyone living sober.

We get granite for around $40/ft installed from a local shop. 

A second consideration is that condos locally have become more adverse to rentals. 

Reach out to a LOCAL property manager that knows the rental market BEFORE you go under contract! 

If you are in an LLC and looking for better rates and longer amortization terms, I recommend networking with local and community banks. 

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.