Im trying to analyze this deal to see if it makes sense to purchase and if so at what price.The Knowns:All utilities are thru the city and there is no well or septic its city sewer, electric, trash, water etc.

The Knowns:All utilities are thru the city and there is no well or septic its city sewer, electric, trash, water etc.

Usually homes in that price range do not cash flow so please do not buy and bank on appreciation.

Hello all I am a new to wholesaling and I have 2 questions, my first question is what is a common range of the closing cost in the Memphis Tn market?

I agree the max offer should be in the $145,000 range...and you're also correct that the seller most likely wouldn't accept because there are 10 people willing to pay more...However even if I paid $145,000 put in $65,000 in rehab costs I'm all in at $200,000.

OM Gosh, just jump in, the water is fine.

Hello all I am a new to wholesaling and I have 2 questions, my first question is what is a common range of the closing cost in the Memphis Tn market?

When a seller is upside down and facing foreclosure 99%+ of the time the leads is dead in the water.

Each month I'm charged for water which is just a number provided on my monthly bill which is taped to my door.  

from there it will be limited more by the type of property you want whether it be a b c or d area as well as the price range you want.