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Updated about 7 years ago,

User Stats

73
Posts
9
Votes
Chris S.
  • Gettysburg, PA
9
Votes |
73
Posts

Buying 2 Unit With Existing Tenants (that we want to leave)

Chris S.
  • Gettysburg, PA
Posted

We're buying a 2 unit that we're going to completely rehab and the tenants in the 2 unit are month to month.  We're in Pennsylvania.  Do you think it will be an issue to get them out after we close (a short closing is probably part of the reason we won the bid), or should we push them to get the renters out before we close and risk losing the deal?

I guess the current tenants have been in there for 7 and 12 years on a verbal month to month basis..

Are there any unforeseen issues you can see?  Or some tips you can think of if you were in this situation?  Thanks for any advice!!

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