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Updated over 8 years ago,
How to buy a house that has a prepay-tenant contracted
Hi everyone,
I need your professional advice, I found a house off market that if for sale, but the owner wants to sale it with an existing elder tenant that has prepaid two years of rent with 10 months remaining, as she already prepaid, she won't be paying rent to new owner. They want cash sale and quick close. Is this something doable? does it make sense to you all? if some one has done a similar transaction please share, I am new and I don't know how to approach the situation.
Thank you,
Raul V.