Updated over 5 years ago on .
tenant eviction during refi Center Point, AL area
Looking for some advice and , or what to expect.
I am deep into refinancing a SFR in Center Point, AL , but need to serve tenant today with the 7 day notice.
Wondering if the lender will still complete the transaction. Home value is approx 100k and no mortgage, so I am using the funds for down payment on 3 other properties. Wondering if this eviction will prevent the refinance? Lease expires 9/6/2020. Also, just paid for appraisal fee yesterday. Should I wait to evict until after the loan closes. I have reserves to get me through the tenant evitcion.
Looking for a best plan of action, and thanks in advance.