Apopka, Florida - Looking for help after death in the family

[Justin Wingfield]

Hey BP fam! Short story is that my life partner’s grandmother passed in 2014. Two weeks ago we were informed that she had left a will that pointed her estate to be divided amongst her grandchildren. She owns a home in Apopka ,Fl and we are trying to develop a strategy that all the grandchildren are happy with. Do we sell as is? Do we rehab and sell? Is there a minimum rehab necessary to sell? Of course the populous wants to collect as much money as possible but doesn’t want to invest any money.

We are all in Tennessee, not Florida. I guess I am reaching out to see if there are any appraisers or real estate agents that could help give us some beginning advice in the Orlando Florida area. 

Thank you in advance!

[Shawn McCormick]

Hi @Justin Wingfield, sorry to hear about your loss. I have done several probate deals and depends on where you are at in the process. If probate is finished and the home is available to view, I'm happy to go take a look at it for you. I'm about 20 minutes from Apopka in Clermont. I've flipped two properties in Apopka and it is a pretty large geographical area depending on the part of the city the home is in may determine your best exit strategy. I would personally be interested in purchasing it, but can also help list it, or help you wholesale it, whatever is best for the heirs. If seller financing is an option, doing several notes...one for each heir may be a good solution as each one will get an even amount. We could even buy some out that want cash and others that want a stream of income could hold a note...lots of options here. 

Reach out and let me know if I can help in any way.