Carlann Mckenna
Auction Property with tenant still in it.
Hi folks I have a very close friend of mine that won an auction yesterday for the first time. She is super excited and so am I. The only issue is that the property still has the tenants living in it. The property is i...
Eric Henson
Buying foreclosures with people still in it
Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it? How do you calculate rehab cost given you can’t look inside?
Mitchell Litam
Bought a house with a tenant in it.
Hey guys!Very excited to have purchased my first investment house!!The numbers made sense. It came with tenants that I met. They are currently living there until next Novemeber and hopefully longer.How does that work ...
Dulce Sandoval
First rental property. Should I live in it?
I plan to purchase my first investment property with either a conventional loan 5% down or FHA loan 3.5%. I know with both options I would have to live in them for a year or maybe more? Has any one had any experience ...
Account Closed
Just Bought a Home With Radon In It
Good afternoon all. I just bought a home in KCKS., in a Radon hot bed. I'm in the process of getting the home a Mitigation System. How difficult is it to sell a home with a Radon reading of 7.4, or a home with a Mitig...
John Michael Rico
CAN I HOUSE HACK WITHOUT LIVING IN IT?
Hi Guys! I am planning to buy a duplex using FHA loan so I can make a downpayment of 3.5%. Is it possible to keep the one unit vacant and not live in there? I just want to have the benefits of the low downpayment. (ho...
Richard Campbell Jr
Buying a property with tenants already in it.
I am closing on a duplex rental property on May 31st. The rent is due on the 5th and on the 15th for each unit. How will the transfer of rent work since I will own the home in the middle of a tenant's pay period? Also...
Catherine W.
Selling a property with a tenant in it
We are selling a duplex that is currently occupied on one side and vacant on the other. The tenant in the occupied side has expressed interest in moving out if the house is sold. Her lease isn't up until June 2016. An...
Alain Perez-Majul
Purchasing property with "tenant-buyer" living in it
Hey guys, wanted some second thoughts on this.My direct mail produced a call from a woman wanting to sell an absentee property of hers. She's got it tenanted, and the guys who is living there is interested in buying i...
Naveen Desai
Buying a property that has renters in it.
Hi Folks,
I have found a property to buy through a wholesaler and looks like the numbers work and is interesting, however the property is currently rented and occupied by the rented with lease till end of this ye...