My office is at 6600 blvd east in the Versailles. I do great deal of business on Blvd East. I will have no problem selling the unit. I have a local bank that will be able to get the buyer a mortgage as long as they have good income good credit and 25% downpayment. Let me know your thoughts. Thanks in advance.
BROKER SALE ASSOCIATE
PREMIER BROKERS LLC REAL ESTATE
6600 BLVD EAST SUITE 1E-A
WEST NEW YORK NJ 07093
Difficult to sell a unit in a building with 50% renters. You will need a cash buyer or a buyer who uses a portfolio lender that can take on this type of property.
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
Most likely a cash buyer will buy it or you may want to offer seller financing to the next buyer.
These are two options when an investor owns a significant amount of units in a building.
Please let me know if you have any additional questions. I'll be happy to assist.
Walter J. Burns
201-653-8488 Ext: 230