RI Rental Purchase With Current Tenants - South County
Hey BP,
Going to make an offer on a house in Westerly RI. This is a 3 family but the loan I'm going to use is the Home Possible loan with 5% down. The house is full right now and leases are all signed for the next 10 months.. This would be my first purchase and my primary home. I would have to live there. Has anyone been through the experience of taking over a property and having to remove a tenant to fulfill the duties of the requirements loan? What would be the best way to remove a tenant? Would it be my responsibility or the current owner?