In 2020/2021, when rates were at all-time lows, this area was super hot, like most other Atlanta markets, and investor demand was high.

For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

It will tell you how much loan you can access and the interest rate. 

Budget, how much will rent be, interest rates, how much down, and more.   

Cash out: $55,000All money out plus roughly $3,500 in pocket.... principal and interest $767/monthCash flow estimated at roughly: $200/monthMy plan would be to refi around year 4 or so before the adjustable rate kicks in.

Some guys I work with were getting 90% advance rates in Houston, but I think the banks are back to 70-80% now.

Cold calling is something that has become something I enjoy.

With those kinds of rents ($5,800 between the 2), even with a 9% cap rate, in my opinion those properties should collectively appraise for nearly $500k.

I believe it is 50% down, rates around 13% and term around 5 years.  

It's not as high performing as what's traditionally recommended (it's still cash flow positive but has a small margin) but that has a lot to do with the high interest rate.