Home Buying in Atlanta>Question Details

johncook62, Home Buyer in Las Vegas, NV

I want a newer SF home (3/2 & up < $100K(cash) in a decent area a rental property.

Asked by johncook62, Las Vegas, NV Mon Sep 23, 2013

I am a Canadian investor that wants to buy a newer SF home (1990 or newer), a 3/2 or larger for < $100K(cash) in a decent area to be used a rental property. Can such a home be purchased at this price?
If you have lots of experience working with out of country investors, please reply.

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Tyler Willis’ answer
Hi John,

That price point is a very broad price point in terms of areas to choose from. Some areas would have more competition that others. There are many cash buyers buying newer properties in your price point.

What would work for you depends on your overall criteria.
I've worked with a number of Canadian investors and have had smooth transactions with them.

Feel free to contact me to discuss your needs as well the Atlanta market.

Tyler Willis, REALTOR®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
Office: (404)541-3500
Direct: (678)656-5524
1 vote Thank Flag Link Mon Sep 23, 2013
Foreign National Loans

Borrowers using TIN Okay
Borrowers with NO CREDIT SCORE
Borrowers with NO SSN
Foreign Nationals {Expatriate}- NO PASSPORT {Must have valid work visa or 30% Down}
70% LTV Purchases
65% LTV Rate & Term Refinance
50% LTV Cash Out {Possible higher if financials are up to par}
Multiple properties OKAY
Corporation purchasing and refinancing OKAY

Richard- El Bey
Avarice Investments
(706) 399-7813 cell
(678) 752-8062 Office
0 votes Thank Flag Link Mon Oct 14, 2013
That is a very competitive market right now, but there are plenty homes available.
I have worked with Canadian and other foreign buyers and would like to help you find
a great investment property too.

Laquita Baez
Licensed Realtor in GA/NJ
Better Homes and Gardens Real Estate Metrobrokers
0 votes Thank Flag Link Mon Sep 30, 2013
Covington Georgia maybe I-20 West Carrollton Georgia or maybe Kennesaw the bottom under 100K has been a real tight market the few are going to be in the out lying regions. Everyone is pushing the price points up many of the Fannie Mae Freddie Mac HUD's etc out there have a non profit, gov't agency, or owner occupied caveat for a free look period and 1st bid opportunity
I have over 30 yr experience, sold all price points all over Metro the wave under 100K is just about gone in what you are looking for I have some self directed opportunities that you maybe already using that will alert you immediate for your target market if there is any further interest e mail me at lorraine@carribeangroup.com Broker Owner
0 votes Thank Flag Link Tue Sep 24, 2013
Hi John, I just found 70 built in 2000 and newer. These have been on the market 2 weeks or less. Contact me at 770-912-5148 or jerry.jenkins124@gmail.com
33 years experience
0 votes Thank Flag Link Mon Sep 23, 2013
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