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Updated almost 6 years ago on . Most recent reply

User Stats

101
Posts
59
Votes
Laurence Obi
  • Atlanta GA
59
Votes |
101
Posts

ANYONE ELSE SEEING THESE CRAZY DEALS IN SE ATLANTA?? :/

Laurence Obi
  • Atlanta GA
Posted

Hi Guys,

So like I've indicated in my previous posts, I started playing in the Atlanta Real Estate scene not too long ago.

We closed on a 3 Bed 2 Bath SFR just 2 weeks ago. Would need about $85k of love, it cost us $185k and appraised at $320k ARV.

I posted on here a reaction I got from my lender in that regard.

I woke up yesterday morning, went on my customary run as I always do. Got home and popped my mail open only to find 3 super decent deals. 

My question is for those who may have played in the Atlanta market. Is there a cycle where people toss homes in the winter? Because that would be the only explanation for all this inventory I've been stumbling on.

Any one else experiencing this?

Would appreciate any info.

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