BUYING OCCUPIED HOUSES

[Jacob Martin]

Can you buy occupied houses? I have a person who wants me to help the sell off their houses, but they all have tenants in them renting.

[Craig Curelop]

@Jacob Martin - You can absolutely buy occupied houses. However, I would caution you that inherited tenants can sometimes be troublesome. Be sure to do your diligence on the tenants as well as the property itself. 

If you want to purchase the house yourself, you will not be able to use an owner occupied loan unless you get one of the tenants to move out so you can take his place. 

Hope this helps,

Craig