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Updated about 3 years ago on . Most recent reply
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Buying A Quad With Tenants in the Philadelphia Area
Hey everyone!
I'm getting ready to purchase my first investment property that's a quadraplex and has 3 tenants in it. Each of them is on a month-to-month lease. I have it on contract with a FHA 203k loan with M&T Bank and was wondering about the eviction process in this case. I know it can be rather arduous to evict tenants in Philadelphia in general, but what if they're on month-to-month leases like on this property? Will evicting them be an easier process?
Thanks for any of your insight.
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What is the reason you are going to evict them for? Is it so you can live in the property or another reason? I ask because in some places this is an important distinction.