Bay Area Condo - Need advice on Selling Strategy!

4 Replies

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?



@Seetha G

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

Thank Greg! That's a good idea.


I have no problem selling it to retail buyer too. Its just the property need to be rehabbed before that. Just checking to see if there is any other option.

Thank you.

@Seetha G If the property is priced fairly for as-is, you may not have issues with finding a retail buyer. What kind of rehab work does it need?

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