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Updated almost 8 years ago,

User Stats

203
Posts
135
Votes
Ben Roberts
  • Rental Property Investor
  • Memphis, TN
135
Votes |
203
Posts

Probate lead in Memphis?

Ben Roberts
  • Rental Property Investor
  • Memphis, TN
Posted

I'm a wholesaler in Memphis, TN and I got a call from a lady interested in selling her home. 3 bed / 2 bath nice East Memphis neighborhood, actually 2 blocks from my personal residence. It seems like a good deal, ARV $135K, she wants $115K, rent would be around $1,200. She says that it used to belong to her mother who passed away and that it's now in probate. How do I put this together? Do I need to wait until probate gets settled? What questions should I ask? What do I need to know that I don't know?

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