How Would You Handle This Deal?
I own a property in Northridge, CA. Purchased it for 630K, recently appraised for 680K. My monthly payments are $3300 interest only. I'm in the process of evicting my tenant who hasn't paid rent for 2 months. I live in Seattle, WA and was thinking of doing a lease option. Can anyone help on this?
By the way, I also have another property in Burbank, CA.. Purchase price was 525K and it appraised recently for 580k , this one is vacant! How would you stucture a L/O deal quickly one these props?
Thanks
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