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Updated over 8 years ago on . Most recent reply

User Stats

80
Posts
18
Votes
Seetha G
  • Rental Property Investor
  • SFO, CA
18
Votes |
80
Posts

Bay Area Condo - Need advice on Selling Strategy!

Seetha G
  • Rental Property Investor
  • SFO, CA
Posted

Hello All

I own a condo in bay area which I am trying to sell now. The issue is owner to tenant ratio is below 50% per HOA. When I purchased the condo, it was tough for me to get conventional loan so had to do hard money lending.

Now that I am planning to sell the condo I am having the same problem again. I am not sure if investors would be interested to buy the property. I can always rehab the property and sell it to folks who can reside at the property but I am checking to see if you can suggest any creative ways to sell the property as-is without any rehab?

Thanks!

Seetha.

Most Popular Reply

User Stats

294
Posts
113
Votes
Robert Musallam
  • Investor
  • San Jose, CA
113
Votes |
294
Posts
Robert Musallam
  • Investor
  • San Jose, CA
Replied

@Seetha G

Just curious, why wouldn't you sell it as is to a retail buyer anyways? Why must it go to an investor? 

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