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Updated about 5 years ago on . Most recent reply

User Stats

22
Posts
4
Votes
Lake I.
  • Rental Property Investor
  • Altoona, PA
4
Votes |
22
Posts

Can I advertise a property for rent before I buy?

Lake I.
  • Rental Property Investor
  • Altoona, PA
Posted

So I’m looking at an ideal split level conversion property. But, I don’t want to run the risk of sitting with a vacant property for two months after I purchase. It’s move in ready and rentable.

To give myself ultimate comfort I want to advertise and “verbally” confirm a tenant or two.

Is this illegal in PA? Is it risky? Need tips. I can pay the mortgage without a tenant BUT how nice would be it to have rent to pay for the mortgage and help you get over the closing costs right away?

Best

Lake

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