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Updated over 11 years ago,
Wholesale Contract During Tenant Eviction
There is a gentlemen who is willing to get rid of his property for the remaining cost of the mortgage ($5,000). This would be no issue at all, except for the fact that he currently has a tenant in the property that needs to be evicted, but the owner of the property is reluctant to pull the trigger and kick the in debt tenants out.
Question #1 - If someone bought the property, could they just evict the tenant outright? What avenues would need to be taken?
Question #2 - If I sign an assignable "wholesale" contract, could I personally evict the tenant, and what recourse would I need to take?
Thank you again!