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Updated almost 16 years ago,
Taking over house w/ current tenant
I'm thinking of taking over a house subject to and then lease optioning it out. The only problem is that the current tenant still has 3 months left on his lease. I know that I could bribe the tenant to leave.
Could I sign some sort of contract that would bind me to the deal but that I wouldn't be taking it over until the lease was up in 3 months, but still have it be a subject to contract?
If I was able to do this, I'm guessing that I could start looking for a rent to own buyer at the 2 month mark to give me a month to find one right?