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Updated about 8 years ago on . Most recent reply

User Stats

110
Posts
18
Votes
Valerie King
  • Rental Property Investor
  • Mount Clemens, MI
18
Votes |
110
Posts

Buying Property with Existing Tenant(s)

Valerie King
  • Rental Property Investor
  • Mount Clemens, MI
Posted

What do you do if the house you're looking at already has a tenant or more in it? Should you have an attorney look at their existing lease to ensure it is sturdy before moving forward with the purchase? What do you do if you don't like the terms of the existing lease? ... Simply avoid buying the home, or are there other options?

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