Possible house to wholesale in Nashville. Questions about it.

[Chase Dial]

Hello BP Community,

I just received an interesting email from a lady from my church. She has a friend who is settling her mom's estate. It is in the Inglewood are here in Nashville. She said that her friend is selling everything (furniture, appliances, etc.) and the home is just going to be demolished. I would like to jump on this opportunity. My question to you all is how would you handle this situation? I was about to reply to the email and see if they were dead set on demolishing it or if they would be willing to sell the house, after everything is out of there. I am coming to you guys to see how I should word my email so that they know there is another option.

Keep in mind I just received this email about 10 minutes ago and I have not seen the property. Any and all advice is welcome.

Thank you BP community

[Josh Braun]

1. Be empathetic to the situation and build rapport with the potential seller
2. Be understanding and show your motivation is to help them and their situation
3. Know your comps for the property (with or without the house on it)
4. Make them an offer by telling them you would like to help take care of it for them as is (i.e. to take it off their hands and not have to worry about selling furniture, etc.)  Most of the time folks in that situation don't want to have to deal with the emotional pain of going through and selling items
5. If you are going to wholesale, make sure you have a good understanding of the 65% ARV and 70% MOA formula to allow your profit and profit for your potential investor
6. Remember, their motivation is probably not money at this point, but is having to deal with the loss of a loved one and they need someone to be empathetic to their situation and help them through it.  Focus on that and not the offer.