Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

Account Closed
13
Votes |
11
Posts

New Atlanta flip property

Account Closed
Posted

Hey BiggerPockets Fam, here is a recent flip we just completed! Purchased for 175k, rehab was just about 100k and ARV of 365k. It lasted about we weeks. Unfortunately we just got it listed during this season which tends to be slower. We are anticipating to hold it for a few months. It is also in a transitioning area of Atlanta. Our plan come March if not sold is to refinance and rent.

Most Popular Reply

User Stats

9
Posts
9
Votes
Dustin Thomas
  • Investor
  • Arlington, VA
9
Votes |
9
Posts
Dustin Thomas
  • Investor
  • Arlington, VA
Replied

(Business Partner of Kalebs) This was great experience for us. We bought in a Class D neighborhood under the impression it was transitioning a little faster though. When we bought there were two other flips in the neighborhood underway. Unfortunately, they have both been completed and sat still on the market for some time. 
Due the fact it is a Class D neighborhood, were thinking through the backup plan of refi--> rent in a few months but wondering how it might work if our best option is to use Section 8. If anyone has any advice in this arena that would be great. 
Are there other more creative ways to market this property? 

We have been scrubbing other deals in Atlanta over the last few weeks and they appear to be drying up as well. Another market we are entering is San Antonio. Please reach out if you have questions or would like to connect. 

Dustin

Loading replies...