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114
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49
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Liz Brumer-Smith
  • Specialist
  • St. Petersburg, FL
49
Votes |
114
Posts

Pittsburgh Rental Not Paying Tenant

Liz Brumer-Smith
  • Specialist
  • St. Petersburg, FL
Posted

We're about to take a back a property in Pittsburgh, PA (was a non-performing note). We're hoping it will sell at foreclosure auction next week, but we wanted to gauge what the market would be like if we sold it with the borrower/tenant in place? Would investors have interest for that in the area given the current market competition, and if so what type of discount would be expected to reflect the non-paying tenant?

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