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Updated over 8 years ago,
Have to Break Tenant's Lease
Hello Investors and Landlords
I have a situation and was hoping that someone could provide me with a few pointers. My investment home (SFH) which is currently rented out has increased my DTI significantly. Because of this, I cannot finance another property - I'm assuming - unless I sell this property, and here's the problem. The tenants have just renewed their lease.
I created the lease and I did not add any conditions for me to break the lease at any time.
My goal is to sell my investment home, so I can move into a two unit, apartment, so any advice would be greatly appreciated.
Thanks!!!
DJ