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Rent-Back Options, What would you do???
All,
I have an opportunity to purchase a duplex but sellers want a 90 day rent back for tenants to relocate.
What are my opinions? How can I make this work? Rents are currently lower thank going rent in the area a couple of hundred $$.
Maybe lower purchase price? Charge current rent at closing? Is there any other creative way to handle this scenario ?
Thank in advance,
Mason