Seller wants cash only offers. Non-paying tenants occupying

[Ryan Monty]

I'm trying to get an offer in on a house hack opportunity and the seller states cash offers only for a 2-flat.  The first hard money lender I contacted said they couldn't fund with tenants in place.  While I realized maybe a different lender would be willing to fund it anyway, the lender pointed out that it could potentially be catastrophic for me since apparently there are ways of delaying an eviction for a long time, not to mention the moratorium right now.  FWIW, I don't really plan to rehab much right away - I can do it slowly since I'll live there.  

The 2-flat is priced at a significant discount, and I think it will go fast.  I want to figure out a way to fund it one way or another.  Is this even a good idea?  Anyone have an experience with non-paying tenants during a property transfer?  I'm wondering if, assuming the seller might consider an offer over ask price if it was a conventional loan, will I even be able to get a conventional loan given the circumstances?  As far as condition, best we can tell it's actually in fairly good shape, no major issues

[Nicholas Bailey]

Honestly if you don't have any experience with non-paying tenants or evicting people that are dedicated to being a problem, you shouldn't go anywhere near this. You might be able to figure it out and sort the problem out quickly, or you could literally end up losing in court and owing the non-paying tenants money, with them still in your new property.