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Updated over 2 years ago on . Most recent reply
Which area to focus south Atlanta for wholesale or flip cheaply?
I am in a southern suburb of Atlanta. I would like to wholesale or flip in order to build cash reserves. I've been told to pick an area to focus on. I have no income to speak of or job. I know this is a tall order, but where is the best area to focus on with 50k cash that I could quickly make a profit? Example; I saw a 1 bedroom house in Macon for $11k that looks like, well completely disgusting, I'm thinking might cost more to bring back to life than it would sell for and would I be safe walking down the street. But it's in my price range! I feel like just diving in at that price and hoping for the best, but thinking I need to check myself. Thank you.
Most Popular Reply

@Beth Rook, 50k for acquisition and rehab costs is going to get you nowhere. Any property that's priced less than 100k and is 35-45 mins outside of ATL is going to need a full remodel. If you want to get serious about flipping properties, you'll need to work with a hard money or private lender that'll fund the deal and split profits with you.