Updated 5 months ago on .
Need Investor-Friendly Agent in Enterprise, Alabama (Wiregrass)
My wife and I are planning to purchase at least 2 single family homes in the Enterprise, Alabama market in 2026. We are looking for a 3 bedroom, 2 bathroom SFH with 1000-2000 sqft. We are comfortable pursuing a MLS listing with minimal, if any, rehab (paint/flooring at most, will entertain impending CapEx such as roof or HVAC) and we would like purchase price to be close to or under $150,000.
We have the ability to pay cash, but to maximize our current cash position, we would like to finance with conventional bank financing.
We are comfortable with a 5-7% cash on cash return, with down payments large enough to reach this level of cashflow after financing (e.g., $50,000 down payment on a $150,000 home in order to cash flow $200-300 per month).
My wife grew up in Enterprise, and her parents currently live there. We are living in the Phoenix, AZ market, so this will be a long-distance transaction for us. I am mainly looking for an agent with direct personal investing experience in the Enterprise, AL area (often called "The Wiregrass") who may have connections with local property managers or lenders.
We are highly motivated. Please send any referrals.
I already have a few target properties to discuss.