General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
BRRRR Strategy with Inherited Tenants?
Just curious, I'm walking through a Duplex this Saturday and tenants currently occupy the property. This would be a "BRRR" deal that would require some work to be done in order to eventually refinance down the road. My question is, If I ended up purchasing the property what would be the right thing to do with the tenants? Has anyone come across this? I would hate to just throw a family out on the street while the repairs are being done.
Any ideas or experience?