Is it difficult finding a cash buyer for a drug house?

[Mike Schorah]

For instance, if they usually get a contract for a deal at 60 cents on the dollar and now because it’s a drug house get a contract for it at 40 cents on the dollar. Would a 33% discount because it’s a drug house entice them?

It’s in New Jersey.

[Bob Stevens]

Quote from @Mike Schorah:

For instance, if they usually get a contract for a deal at 60 cents on the dollar and now because it’s a drug house get a contract for it at 40 cents on the dollar. Would a 33% discount because it’s a drug house entice them?

It’s in New Jersey.

 Makes zero sense, its all about the location, nothing to do with the low lifes living there. I buy and sell monthly in the Cleveland markets. So I know a thing or two about problem tenants. BTW what the heck is a drug house???? Just evict the drug dealers, which I assume thats what you mean.