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Updated almost 5 years ago on . Most recent reply

User Stats

1
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0
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Ernest Henley
  • Wholesaler
  • Atlanta, GA
0
Votes |
1
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Wholesale in Atlanta Georgia

Ernest Henley
  • Wholesaler
  • Atlanta, GA
Posted

Investment Info:

Single-family residence wholesale investment in Atlanta.

Existing Photos: 

https://www.dropbox.com/sh/7xud9fjqav9fpon/AADl0QqER3p7jonszeQjpKpCa?dl=0  

Proposed SQF:
4,419
Proposed Floor Plan

https://www.dropbox.com/s/pn8cy03wh3jwj63/Proposed%20Floor%20Plan-1609%20Ralph%20David.pdf?dl=0

As is we are asking $399,999.
Comps are within 4 miles

983 Palmetto Ave SW, Atlanta, GA 30314 Sold $750,000 3/24/2020
702 Grant Ter SE, Atlanta, GA 30315 Sold $670,000
865 Parsons St SW, Atlanta, GA 30314 Duplex sold $630,000

What made you interested in investing in this type of deal?

Been studying real estate for a few years and finally wanted to act.

How did you find this deal and how did you negotiate it?

Driving for dollars , and I directly negotiated with the owner.

How did you finance this deal?

Earnest money is all that was needed too secure the contract .

How did you add value to the deal?

Found the deal , talked the seller down in price, and have made a list of comps.

What was the outcome?

Still looking for someone to buy the property !

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