Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

35
Posts
26
Votes
Brett Nissen
  • Real Estate Agent
  • Jacksonville, FL
26
Votes |
35
Posts

buy owner occupied with existing tenants

Brett Nissen
  • Real Estate Agent
  • Jacksonville, FL
Posted

I am trying to buy a multi-family rental property in the area of Jacksonville Beach or Neptune Beach in Florida. It would be an owner-occupied purchase (for FHA financing), but I am unsure how to handle a property that is already filled with existing tenants. What rights do I have as the buyer for removing tenants? Looking for insight on how to accomplish this sort of deal.

Most Popular Reply

User Stats

13,926
Posts
12,730
Votes
Replied

Most state codes allow owner to evict for personal occupancy. Select the unit you want to move into and give the tenant proper notice.

Learn you  state landlord tenant regs before you begin operation of your business. It is your responsibility to know the law.

Loading replies...