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Updated over 5 years ago on . Most recent reply

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9
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Christopher Krueger
  • Flipper/Rehabber
  • Lynchburg, VA
0
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9
Posts

FHA loan and trying to get renters out

Christopher Krueger
  • Flipper/Rehabber
  • Lynchburg, VA
Posted

I am currently looking at a duplex as my first investment. I can only afford to use the FHA loan as I won't be able to put 25% down requirement on this investment. The renters are currently leasing until May. What is the best way to go about asking or getting the renters to move out within 90 days. There are 6 renters in two parts of the duplex, so I would only need one to move out for me to move in? Is it legal to write up a contract to cancel the lease within 90 days?

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