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Updated over 8 years ago,
Fourplex/House Hack: How do I remove a tenant to live in a unit?
Good day,
I am extremely interested in making an offer and purchasing an older income producing fourplex. Each unit has a private fenced (newly updated) patio and the units have a new roof. I am in the approval process for a loan that includes down payment assistance and a low interest rate if I live in the property. (I will undoubtedly qualify so not worried there.)
The problem: all of the units in the fourplex are rented. How would I go about removing one of the tenants to move in myself should everything go through the way I am hoping it will?
Any advice or next steps would be greatly appreciated!