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Trying to Sell Investment Property

Posted by Lynn on October 17, 2003 at 12:23 AM

Hi Ward,
I work with a company that owns a home located in San Diego that they are trying to sell as an investment property. It is a 3bdrm, 1bth home, w/ garage, and they are trying to sell it for $265,000. It's appraising at $300,000. It also has a tenant who lives there and pays $1600 a month. The tenant signed a lease with an option to buy the property within a year for fmv. The company I work with wants to sell the property to a property investor and assign the lease option agreement to the new owner as the landlord/owner (the lease option is assignable). How do we find investors that want to purchase a deal like this? Also, what are the best and quickest ways to sell the property without a realtor, i.e., any San Diego newspaper publications that you may know of that get quick responses from the real estate investor's classified section? Please let me know at kellsmoov@aol.com
Thanks in advance!


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