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Updated about 10 years ago on . Most recent reply

Blake Williams's profile image
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Blake Williams
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  • from Southbury, CT
  • Member since Apr 21, 2014
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Blake Williams's profile image
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Blake Williams
  • Investor
  • from Southbury, CT
  • Member since Apr 21, 2014
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Blake Williams
  • Investor
  • Southbury, CT
9
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39
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General Real Estate Investing

FHA on a fully occupied multi?

Blake Williams
  • Investor
  • Southbury, CT
Posted

Hello everyone, I feel like I'm full of questions lately!  One of the properties in looking at for my first deal is a three family that is fully rented. 

I'm curious how I would approach this as I'd be required to move in to one of the units. 

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Rob Beland
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  • from Leominster, Massachusetts
  • Member since Jun 11, 2011
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Rob Beland
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  • from Leominster, Massachusetts
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Rob Beland
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  • Leominster, MA
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Rob Beland
  • Investor
  • Leominster, MA
Replied

If its occupied you will have to make a deal contingent on one unit being vacant. The Seller will have to evict a tenant or maybe relocate them. I would suggest making your unit the least desirable. 

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