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Updated over 8 years ago,

Sydnie E.'s profile image
Sydnie E.'s profile image
Sydnie E.
  • from California
  • Member since Jul 15, 2012
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42
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Sydnie E.'s profile image
Sydnie E.'s profile image
Sydnie E.
  • from California
  • Member since Jul 15, 2012
Connect
Sydnie E.
  • California
4
Votes |
42
Posts
California Real Estate Q&A Discussion Forum

Probate

Sydnie E.
  • California
Posted
Hello BP, I currently live in California. I recently came across a property that is a probate auction. I'm new to investing and wondering if any knows of any reasons why this is not a good idea to invest my time in. The property is starting at 249,000 but according to comps could sell for 6-700,000. It is in bad condition but has potential to be nice. Would be too optimistic to get an all cash lender to invest even with the return potential being so high?Does anyone know the best way to acquire this property?
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