Hiya
I am very interested in a property in Loganville, Georgia…price is 50K with 10K rehab…good schools and good community feel…
However it is about 50 minutes drive to Atlanta city itself…however i understand that the crime itself can be bad in a radius around Atlanta…
Like to know whether a one hour commute to Atlanta is considered a no-no where the US is concerned….
Very much appreciated….
Hour commutes are not unheard of in most big US cities, with the price of gas though its can be an issue. Sounds like a fair deal on the surface.
if you want to send me a private e mail I will pull it up on the land rolls and MLS and give you a BPO
Atlanta is a large City . Drove back this morning from Atlanta quite a bit of inventory. We bid on 63 homes in the market. BPO are good .I would also look for comps in the area , Rental and sales. I can shoot you a few good agents in the area if you would like. Good thing gas has dropped nearly 6 to 8 cents in most southern states recently.
If you would need some more information feel free to email me
Sincerely
Alex Franks
[email protected]I have spoken to various lenders in Atlanta for foreign finance.
They don’t lend in some of the high mortgage belt areas. A fair bit of the western side they are also very picky with. These guys generally like the north and east of Atlanta as a very general rule. Each case is obviously different but it is better to know these general facts to help you make a better purchasing decision
Right now some of these areas that seem to work for both investors and lenders. Union,loganville , snellville , stone mountain, Lithonia in Atlanta . I just got back from 2 day trip there. Now for Foreign nationals there are some lending options all though not great. Does give the option to leverage your funds.
Sincerely
Alex
You must be logged in to reply to this topic. If you don't have an account, you can register here.
