Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

63
Posts
15
Votes
Rene Bee
  • New to Real Estate
  • Atlanta, Ga
15
Votes |
63
Posts

Post occupancy agreement for buyer

Rene Bee
  • New to Real Estate
  • Atlanta, Ga
Posted

Hi Everyone, I have a question. I am supposed to close on a 2 family apartment next week and just learned the owner wants a use and occupancy agreement up to 6 months. I originally agreed to 3 days and that is the in contract. What are your thoughts on a 6 month use and occupancy agreement vs a 6 month lease? How should I decide what to do? On the one hand its immediate income but if the seller moves out after 3 months then I could be looking for a renter in December/January which is hard. Would love your thoughts! Thanks

Loading replies...