Owner-Builder Construction Loan (Challenging but Possible)Some lenders offer owner-builder loans, but they usually require:✅ Strong financials (good credit, assets, low debt-to-income)✅ A solid construction plan, budget, and timeline✅ Proof of prior experience (renovations help, but formal experience is a plus)✅ A licensed contractor or project manager to sign off on the build2.

Total Investment + Down payment of 69,000 + 20,000 of updates = $89,000.Hope this helps.  

As always, DYOR (Do Your Own Research) The area has a mix of stable, long-term residents and rental demand—especially with Section 8 tenants—but it does vary block-by-block.Key things to consider are Rental Demand, Property Condition and Management (a local property manager can help navigate tenant screening and city requirements)It’s not as bad as the headlines make it seem, but success here depends on buying right and the right property manager.

The property probably won't cashflow for a few year (or until I rent the second unit longe term) but this isn't a huge worry for me as it helps me in other ways.

Since I'm not a lawyer, there might be a specific reason, depending on your situation, why that might be useful.On the other hand, I've seen crazy large structures for small portfolios, and there are many attorneys willing to charge you for the help of setting them up. 

Neighborhoods in areas like Homewood and Hoover have been experiencing strong appreciation, and the rental market continues to be strong, especially with the growing number of young professionals and college students in the area.As a loan officer, I’m here to help you navigate the financing process, whether you’re looking for your first investment property or expanding your portfolio.

Hope this helps.

I think it helps to drive a strategy that if you can invest, build, flip, etc why not do it in zip codes with the greatest price per square foot where you can also find either land or existing inventory that makes sense?

I can help you if your interested in the Atlanta, Metro area.  

Getting plugged into the local investment network is huge—the Atlanta REIA is a good starting point, and meeting local agents and investors will help you understand the nuances of the market.