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Buying & Selling Real Estate

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Alexander Merritt
  • Investor
  • Baltimore, MD
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163
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Buying Property with Existing Tenant

Alexander Merritt
  • Investor
  • Baltimore, MD
Posted Nov 5 2014, 14:38

Hello BP Community,

For all you Buy and Hold experts out there, would/do you ever buy a property with an existing tenant? Please state why or why not? If "yes", how do you handle it? Do you have to honor the existing lease? Would you make your offer conditional on the tenant passing your screening, etc?

Thanks in advance!

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