Updated over 10 years ago on . Most recent reply
Tenant Removal
I close on my first deal in two weeks. It is a duplex, owner occupied. I used traditional FHA lending. Both units are currently rented. One tenant is in a lease until April. The other is month to month. I am currently in a lease until November. How do I go about taking possession of the unit when it is time for me to move in? The goal is to keep the monthly lessee in until November.
Most Popular Reply
You only have 60 days to move into your FHA property.
Therefor you need to get rid of the month-to-month lease and move into that unit as the other lease is not up unit April.
Give the month-to-month lease a notice that your are terminating the lease and they have 30 days to move.