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Buying & Selling Real Estate

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Jake Langley
  • Rental Property Investor
  • Las Vegas, NV
14
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64
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buying a property under defaulted lease option

Jake Langley
  • Rental Property Investor
  • Las Vegas, NV
Posted Sep 15 2018, 14:29

Does anyone have experience buying a property under a defaulted Lease Option.  The current tenant in the property has not been able to purchase the property under his Lease option and refuses to leave.  The current owner wants to sell the property but doesn't want the trouble of evicting him as he is arrears on his rent.  If I purchase the property can I evict or do I inherit the Lease option of the bad tenant?

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