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.
Wholesaling
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 6 years ago,

User Stats

22
Posts
6
Votes
Joshua Lee Wegner
  • Specialist
  • Ann Arbor, MI
6
Votes |
22
Posts

Rent back clause in contract.

Joshua Lee Wegner
  • Specialist
  • Ann Arbor, MI
Posted
Hi there BP, I have an agreement that I'm working on that requires some sort of rent back option for the tenant. It's the owners ex wife and she will need the cash from closing to secure a new place. I'm currently using a one page P and S agreement that does not have any verbiage about this. If I were to offer a rent back period of 60 days or so is that something I can just write in to the "any other stipulations" part? Also, is this something that would deter buyers too much? Assuming a deal thats a deal is a deal? I value the communities time, so thank you in advance. Regards.

Loading replies...