should i go all in been approved for 400k,30k down payment and closing cost put thats all my saving should i dothe deal?

Hello Atlanta!
Considering buying a 3/2, 2/2, 2/1 type of older house and hiring an architect and GC to make it a 5/3 with a garage in east atlanta.
Has anyone done this and have any referrals? Share your experience...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $1,100,000

Cash invested: $220,000

Invested in a triplex with my family that we currently occupy the propert...

How much would you have to net of the % of the total gross rental income to be considered a good investment. So if rent was $1000/month = $12,000/year how much would you have to net to be a good rental property? Thank...

Investment Info:

Townhouse buy & hold investment.

Purchase price: $270,000

Cash invested: $40,500

Currently in the process of furnishing this property to rent out as an MTR

What made you...

Investment Info:

Condo buy & hold investment.

Purchase price: $127,000

Cash invested: $35,000

1 bedroom with loft/ 1 bathroom condo I picked up during mid 2020 that has doubled in value and is wo...

Someone i work with is telling me he got approved for 150k on a home in our area.  this is is first home.  the home is a foreclosure.  He told me the loan office said it should not be a problem getting this loan with ...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $145,000

Cash invested: $74,750

Bought this as primary residence with ~$27K out of pocket ($8K in closing costs &am...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $285,000

Cash invested: $120,000

1st STR that got me hooked in the space. Located near AT&T stadium in the Arli...

Hey BP community!

So I wanted to hear everyone's opinion on a specific subject. Do you think I need to have an LLC set up before I go and get my first deal? What are the draw backs if I don't?