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Updated almost 8 years ago, 12/01/2016

User Stats

35
Posts
26
Votes
Brett Nissen
  • Real Estate Agent
  • Jacksonville, FL
26
Votes |
35
Posts

buy owner occupied with existing tenants

Brett Nissen
  • Real Estate Agent
  • Jacksonville, FL
Posted

I am trying to buy a multi-family rental property in the area of Jacksonville Beach or Neptune Beach in Florida. It would be an owner-occupied purchase (for FHA financing), but I am unsure how to handle a property that is already filled with existing tenants. What rights do I have as the buyer for removing tenants? Looking for insight on how to accomplish this sort of deal.

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