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Funding question for probate flip
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Topic: Funding question for probate flip (Read 2645 times)
pegasis
Member
Posts: 6
Funding question for probate flip
«
on:
November 15, 2009, 09:51:03 am »
Hello
Is there anyone flipping probate deals
are you having to fund the deals, or are you still doing a simultaneous/double close to avoid that?
Is that still legal?
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DemosL
Member
Posts: 176
Re: Funding question for probate flip
«
Reply #1 on:
November 15, 2009, 02:25:28 pm »
Probate deals are done like other wholesale deals, except the timeframe can be a lot longer because probate proceedings take time.
You can put a house under contract and assign the contract like any other wholesale deal.
One guy that does probate deals a lot is Preston Ely. I'm not sure if he's active on this forum.
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http://quickcash-nova.com
I am a wholesale real estate investor in Northern Virginia. I do local and virtual deals.
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