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Updated over 5 years ago on . Most recent reply

User Stats

138
Posts
87
Votes
Adam Widder
  • Real Estate Agent
  • Minneapolis, MN
87
Votes |
138
Posts

Remove a tenant to occupy a house hack

Adam Widder
  • Real Estate Agent
  • Minneapolis, MN
Posted

Hey all, what is the proper way to remove a tenant in order to occupy a small MFR property?

Example, we're using a FHA loan, we find a fully occupied property that meets our criteria and we want to live in the MFR. How would I go about removing the tenant so we can move in? Can this be arranged on the contract or can I do it once we have, cash for keys etc. My concern is if I do it once the property is in my name under an FHA loan, the tenant may not want to move, then I'm stuck not occupying the property. Thanks in advance all!

Most Popular Reply

User Stats

138
Posts
87
Votes
Adam Widder
  • Real Estate Agent
  • Minneapolis, MN
87
Votes |
138
Posts
Adam Widder
  • Real Estate Agent
  • Minneapolis, MN
Replied

Update, we did a house hack, for the loan we used, the underwriter had to a have end in tenancy notice from the current owner to process the loan!

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