Buying from CheapMemphisRealEstate.com is simple, and we take all of the guesswork out of the equation for you.  Our website provides you with all of the information needed to evaluate the quality of the investment opportunity and determine if it is a good fit for your investment portfolio. We include information such as purchase price, appraised value after repairs (After Repair Value, known as ARV), estimate of repairs, and an estimated rent range.  You can determine if a property is an appropriate fit for you based on this information.  We also provide detailed photos of the interior and exterior of the home, as well as the street scene.

Once you have determined that you want to purchase the property, all you need to do is submit a purchase contract (found online at our website) and wire $1000(US) earnest money to our closing attorney.  You will also need to submit a proof of funds showing available capital to make the purchase (suitable proof of funds available here.)Please note that earnest money is nonrefundable, so please perform your due diligence before you submit a contract and earnest money!  Also, remember that prices at CheapMemphisRealEstate.com are NON – NEGOTIABLE.  We do not accept offers less than our listed price, so please do not submit offers lower than our listed price because they will NOT BE CONSIDERED.

Once your contract, earnest money, and proof of funds are received, you will then receive an information package in .pdf form showing the following items:

ü       A detailed, written breakdown of our contracting estimate, provided by the licensed general contractor used to determine the repair amount.

ü       A list of licensed contractors you can use to obtain additional bids, submitted directly to you.

ü       A list of several Memphis based property management companies and their contact information, so you can determine which management company would be the best fit for you, based on whether you choose to employ a management company or self manage.

ü       A list of insurance agents, appraisers, and miscellaneous vendors who can assist you at any phase of your purchase.

ü       Several local lenders who may be able to assist you should you choose to refinance your property after the repairs are completed.

Our process is extremely simple and streamlined, and is focused on buyers who understand value and equity in discounted properties that need TLC versus non – investors who do not understand how to force value though renovation and property upgrades.  Our clients are investors who have various levels of experience – from the beginner to the full time investor; we bring highly discounted deals to our clients and help them to build wealth by putting all of the information in place to allow them to make an informed decision.

For fastest service call us now at

901-691-2722

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