I am interested in sale leaseback opportunities |
| 12/12/2007 11:39:24 AM |
I have been trying to sell my condo in Tucson for the last year or so. With the market in such bad shape for sellers I have been interested in finding out more about a sale leaseback. This is where a real estate investor or someone who is not quite ready to move in buys the unit and leases the place for a few months to the people they brought it from. Leaseback investments are pretty common when it is a buyers market and that is definitely the case in Tucson at the moment. I am sure one of the things that has an effect on whether investors will do this is the ability to get leaseback property financing. I have heard talk of sale leaseback solutions in Phoenix, Mesa, Tempe and in other parts of the Phoenix metro area but unfortunately I have not heard much about opportunities or sale leaseback solutions in Tucson. If anyone is interested in a sale lease back, especially real estate investors, let me know. This would be a great opportunity for me to sell my condo and get from under it but not have to move immediately.
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