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All Forum Posts by: George Cairncross

George Cairncross has started 3 posts and replied 3 times.

Real Estate Deal Analysis & Advice

Post: What strategy would you use on this property?

George CairncrossPosted
  • Real Estate Investor
  • San Diego, CA
  • Posts 3
  • Votes 0

I have a motivated seller who cannot afford to pay her mortgage anymore and will let it go into foreclosure if nothing is done.

The property has $730,000 in loans

They Owe $440k / 39% equity

The average sold in the neighborhood is $659k

Never had a seller like this and new to real estate investing. I am grateful for any advice you have to offer.

I was thinking Lease Option?

0 Votes
Buying & Selling Real Estate

Post: What strategy would you use on this property?

George CairncrossPosted
  • Real Estate Investor
  • San Diego, CA
  • Posts 3
  • Votes 0

I have a motivated seller who cannot afford to pay her mortgage anymore and will let it go into foreclosure if nothing is done.

The property has $730,000 in loans

They Owe $440k / 39% equity

The average sold in the neighborhood is $659k

Never had a seller like this and new to real estate investing. I am grateful for any advice you have to offer.

I was thinking Lease Option?

0 Votes
Innovative Strategies

Post: What strategy would you use on this property?

George CairncrossPosted
  • Real Estate Investor
  • San Diego, CA
  • Posts 3
  • Votes 0

I have a motivated seller who cannot afford to pay her mortgage anymore and will let it go into foreclosure if nothing is done.

The property has $730,000 in loans 

They Owe $440k / 39% equity 

The average sold in the neighborhood is $659k 

Never had a seller like this and new to real estate investing. I am grateful for any advice you have to offer. 

I was thinking Lease Option?

0 Votes