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Updated about 17 years ago on . Most recent reply

User Stats

387
Posts
8
Votes
Jeff Fairchild
  • Real Estate Investor
  • Vancouver, WA
8
Votes |
387
Posts

Taking over house w/ current tenant

Jeff Fairchild
  • Real Estate Investor
  • Vancouver, WA
Posted

I'm thinking of taking over a house subject to and then lease optioning it out. The only problem is that the current tenant still has 3 months left on his lease. I know that I could bribe the tenant to leave.

Could I sign some sort of contract that would bind me to the deal but that I wouldn't be taking it over until the lease was up in 3 months, but still have it be a subject to contract?

If I was able to do this, I'm guessing that I could start looking for a rent to own buyer at the 2 month mark to give me a month to find one right?

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