When you buy at the courthouse, you inherit those liens.

So we have inherited tenants in a house hack.

What does their existing (inherited) lease say?

Sure, I get that if the deal is good, who cares... and no one likes inherited tenants anyways, but I wouldn't mind a little more protection during the purchase.

So far both times I've had to get people out they were inherited tenants that had already made such a mess and had such terrible credit that it just wasn't worth it.I am going to ask my attorney next time I talk to him about taking last month's rent prior to move-in.

this might afford you the same benefits as the FHA 203K, however, mortgage insurance cost are lessened or if your after improved value affords you a 20% equity position, the mortgage insurance will go away altogether.

I have recently purchased a Multi-Family with tenants who rented under a lease while I was under contract. I reviewed the lease and agreed prior to purchase (lease signed by previous owner and tenants). When I viewe...

The property itself is fantastic... inherited tenant not so much, BUT, there was a vacancy & it was in the contract to let us market it while under agreement.

What I've found is 80% of the houses I have bought are from tired landlords or beneficiaries of inherited real estate.

For example, an unwanted, inherited property that's 1,000 miles away.For those who contact me wanting to submit unreasonable lowball offers, no.