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Updated almost 7 years ago on . Most recent reply

User Stats

130
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Christopher Veljkovic
  • Rental Property Investor
  • Morris County, NJ
35
Votes |
130
Posts

Tenant is leaving JUST before PURSHASE of the 2 family

Christopher Veljkovic
  • Rental Property Investor
  • Morris County, NJ
Posted

I was hoping to purchase the home with paying tenants already, unfortunately that doesn’t look like it’s going to happen. 

I do not own the home yet. But I will!!  I’m trying to be proactivate with this situation. I would like to suggest to the seller to acquire a new tenant with my specific lease agreement  that I have put together from a compilation of suggestions I’ve got from BP forums and podcasts.  Of coarse it would go through the legal process through the attorneys. Hopefully they would agree to this. 

Or should I just deal with the vacancy after I purchase the home?  

My question is how can I make this into a win/win situation?  I feel like my thinking process is in the right direction but not necessarily the right solution. 

Most Popular Reply

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2,733
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2,484
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Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
2,484
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2,733
Posts
Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
ModeratorReplied
Yeah deal with this unexpected event after closing and find your own tenant. Asking the seller to find you a tenant probably won't go over well, and if they did, they'd probably put in the first warm body available.
  • Nicole A.
  • Loading replies...