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Forums » Rental Property Questions & Landlording Issues » Property For sale. Tenant Occupied. Deal Breaker?

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Tag Tags: tenants-occupied pre-foreclosure sell-now cash-buyers


Charlie Lopez

Real Estate Investor · Brooklyn, New York


Forum_avatar_avatar-lpzinvestments

Oct 10 '09, 02:41 AM

I Would like to sell a 2 family property in Brooklyn with a tenant occuping the first floor. The issue is that the 1st floor tenants just moved in on the 1st of october. The owner would like to give the rent and security back before 30 days in order for the house to look more attractive to buyers or Investors. The owner is in pre-foreclosure and would like t sell now! What advice should I give him. Can the property stay occupied and still sell at a discount price? What advice would you give? Thanks all

Edited: 06/26/2010 at 10:00AM




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