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Updated almost 9 years ago,

User Stats

55
Posts
9
Votes
Giovanni Soto
  • Wholesaler
  • Elmont, NY
9
Votes |
55
Posts

First Offer -Wording on the LOI for owner occupied unit

Giovanni Soto
  • Wholesaler
  • Elmont, NY
Posted

Hi. I'm working on presenting a LOI on my first commercial piece hopefully by tom'w. Now, I discovered i forgot sthg . The property has an owner occupied unit. I'm having trouble with wording on the LOI to give me time to find a tenant for his unit before closing. IS THIS COMMON to request? i don't want to kill the deal because it is a good deal but i need that rental income. Thanks all.

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