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Updated over 6 years ago on . Most recent reply

User Stats

26
Posts
1
Votes
Jake Valkusky
  • Real Estate Investor
  • Maple Shade, NJ
1
Votes |
26
Posts

Input Needed - Tenant Left Before Closing

Jake Valkusky
  • Real Estate Investor
  • Maple Shade, NJ
Posted

Hello BiggerPockets!

When buying an apartment building, signed agreement with full occupancy. A tenant unexpectedly left a week before closing. Left the place a mess and no time to clean it and lease up before closing. How should this impact the HUD as far as credits to the buyer, etc?

Most Popular Reply

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7,341
Posts
10,046
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
10,046
Votes |
7,341
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

@Jake Valkusky , how many units are we talking about here? 1 out of 2 is huge. 1 out of 400 isn't.

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