It would be an unlawful possession suit.

The Flipper LLC got title and possession in late September or early October. 

Once you have possession of the property, I would give him a formal written letter notifying him that you have taken over ownership and that you are making repairs and upgrades to the property and that he must vacate in order to do so.  

Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof.3.

This will likely depend on your state law, but you should be safe to use the date tenant turns over possession of unit as the beginning of your countdown. from there state law will dictate how long you have. usually its 30 days.

Not only was the PM talking to the owner I was talking to her in LA as the lender and my collateral was about to be severely damaged.Tennant in this case ( walked through home) was neat and clean.. not a lot of possession like you will see with a lot of working class tenants.. took her and her kids all of 60 minutes to pack and move to someone elses home.2.

Hi, BP expertsI am about to sign a contract, but the seller wants me to agree that "Possession of the property shall be granted 3-7 days after closing".

Get possession as quickly as possible, clean up the apartment, raise the rent to market, and try to fill with a better qualified tenant -- who is on a month to month rental agreement.  

You can attempt to use these positions to negotiate with the lender to pay the lien off and take possession.

That works out such that each investor's math would be the following:($140k) capital buy-in for partnership and possession of the property+$95k cash-out from refinance within 3-6 months Leaves ($45k) invested capital in the home, with initial equity at appraised value being aprox $65k.The current tenant is the other partners mother + boyfriend.