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Updated almost 8 years ago on . Most recent reply

User Stats

245
Posts
120
Votes
Tom R.
  • Investor
  • Ridgecrest, CA
120
Votes |
245
Posts

Getting a FHA loan on a triplex when all the units are filled

Tom R.
  • Investor
  • Ridgecrest, CA
Posted

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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