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 almost 6 years ago,
House Hacking - Kicking out a Current Tenant
Hi everyone!
I am currently in the process of finding and purchasing a multi-unit property to house hack. I am focusing primarily on fourplexes and will purchase it with an FHA or FHA/203K loan (already pre-approved). Because I am purchasing with an FHA loan, I will have to occupy the residence within 60 days.
My question is: if the property is fully occupied, how do I go about kicking one of them out?
Also, when a multi-family unit is purchased, is the existing contract typically still binding with the buyer? Any other tips/tricks that may be helpful to my scenario are also valued!
Thanks,