current atlanta deal

7 Replies

Does any of my fellow BP's have any idea how to go out about finding other investors to help with a deal I currently have under contract. Willing to do a JV or split the profits with another investor. If anyone can point me in the right direction, it would be greatly appreciated

This post has been removed.

This post has been removed.


you'd need to present the deal something like this:

Purchase: $x

Rehab: $y

Holding Costs and timeframe: $zk/mo including HOA

Selling Costs: 10% of ARV

Total Profit and Annualized ROI

Sounds tight or like a break even deal based upon your numbers. HOA and Holding costs are going to be higher on a condo.

The tighter and more credible your numbers and assumptions, the more likely you are to get a partner (assuming it's a good deal to start with.)


Become a Pro member here and take it over to marketplace. The numbers look tight but depending on where it was in sandy springs...I'd fix it up, rent it as shared housing and sell out of it...just make sure there aren't any rental restrictions on the unit first.....Happy Investing!

FYI - on the master, we'd get prob $750 to $850 for it and the 2 rooms sharing the bath would prob go for $650 to $700...just depends on the unit. It will cashflow better, the net rent will be higher and the resale value will be based on a cap rate applied against net rent....

@Barrington Ferguson Jr if you're looking for a partner here you will need to post in the Marketplace. Other places to look for a partner are local REIAs.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here