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Updated about 4 years ago on . Most recent reply

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Drew Hoye
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Buying a House-Hack with Tenant signed rental lease

Drew Hoye
Posted

Hello, I am in the process of trying to acquire my first House Hack. The problem is the market I am looking to invest in is a small college town with limited properties on the MLS. I have started a search for off-market deals and have a meeting set up with a local investor. Since I am trying to house hack would it be feasible to buy a property with a lease already signed June 2021-May 2022 and still be able to live in the said property or make the lease null if I close in April 2021? Any advice or advisement would be greatly appreciated. Thank you in advance.

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