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Updated over 2 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Celeste Carter-McAfee
  • Investor
  • 93465 40475, 40403
5
Votes |
19
Posts

Under contract multifamily with empty unit.

Celeste Carter-McAfee
  • Investor
  • 93465 40475, 40403
Posted

Hello BP friends, I have my first multifamily under contract and one of the units is empty. Can I ask the current owner to have it rented before closing? Is there anything else I should ask for or stipulate or is that something that you just fill when you take possession? Looking forward to hearing some sage advise... 

Most Popular Reply

User Stats

298
Posts
255
Votes
Kevin Luttrell
  • Lender
  • Orange County, CA
255
Votes |
298
Posts
Kevin Luttrell
  • Lender
  • Orange County, CA
Replied

If I were you I would wait until closing and fill it yourself. Better to have your own vetted tenant rather than trust the seller to put a good tenant in there. 

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