Tenant Removal

[Dustin Fisher]

I close on my first deal in two weeks. It is a duplex, owner occupied. I used traditional FHA lending. Both units are currently rented. One tenant is in a lease until April. The other is month to month. I am currently in a lease until November. How do I go about taking possession of the unit when it is time for me to move in? The goal is to keep the monthly lessee in until November.

[Austin Youmans]

You only have 60 days to move into your FHA property.

Therefor you need to get rid of the month-to-month lease and move into that unit as the other lease is not up unit April.

Give the month-to-month lease a notice that your are terminating the lease and they have 30 days to move.