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General Landlording & Rental Properties

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Chadwick Cadet
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Would You Buy a House with a Tenant That Filed for Bankruptcy?

Chadwick Cadet
Posted Sep 2 2018, 12:24

As a cash buyer,

Would you buy a house with a tenant that has just filed for bankruptcy?

The tenant is also 3 months behind on rent.

The property is in Clayton County, GA.

The current owner cannot evict the tenant because they are in bankruptcy,

but I wonder if a new owner can.

It seems like they could because they do not have a prior agreement with that tenant.

New owner

New lease agreement

If they don't like it, they can get out.

What are your thoughts?

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