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Updated about 8 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Kim Masek
  • Crestview, FL
3
Votes |
6
Posts

Buying subject to with non paying tenants

Kim Masek
  • Crestview, FL
Posted

I am writing a contract for subject to. There are tenants in place that have only been able to make partial rental payments. The owners have been going round and round with property management and getting tenants evicted. My plan is to get the contract and then offer the tenants cash for keys. Any thoughts or concerns are appreciated. Could I try to evict before closing or wait until close?

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