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Updated almost 5 years ago, 12/13/2019

User Stats

38
Posts
4
Votes
Tenisha Walker
  • Rental Property Investor
  • Detroit, MI
4
Votes |
38
Posts

How to go about this MultiFamily Issue?

Tenisha Walker
  • Rental Property Investor
  • Detroit, MI
Posted

I have a seller who is motivated to sell property.

The issue is the seller is very old fashioned and don’t really even have knowledge about running a property. He just purchased as is.

The seller has tenants that fully occupy residential not only that the seller also has a family who resides and the family lived there over a decade.

The seller does not have a certificate or compliance or has the seller even had a inspection done, that I’m aware of.

Questions

How do I go about this situation? What are the precautions with this because I feel like him selling the property it’s going to open up a bigger problem in the end. Also I don’t want to see anyone lose there home.

So if someone can provide advice of this matter.

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