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Buying & Selling Real Estate

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Tom R.
  • Investor
  • Ridgecrest, CA
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244
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Getting a FHA loan on a triplex when all the units are filled

Tom R.
  • Investor
  • Ridgecrest, CA
Posted Jan 12 2018, 15:20

I found this 3 br. house with an attached apartment and another studio apartment in the back. I would like to move into the 3 br. house and rent out the other units. Unfortunately right now the only way I can afford it is with an FHA loan and my realtor is checking but last time someone made an offer on the place there was a tenant in the main house. In California it can sometimes be difficult to evict a tenant even when they have broken the lease. If I buy the house and I cant get the tenant to leave what kind of legal jeopardy am I in?

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