New Jersey Real Estate Q&A Discussion Forum

User Stats

31
Posts
5
Votes
Joe San
5
Votes |
31
Posts

Evicting Section 8 Tenants from Triplex

Joe San
Posted Sep 18 2019, 11:50

Hello all, 

Looking currently at an off market deal that seems to be priced right for the area its in.  The only catch is that the current owner is running the triplex with 3 separate section 8 tenants.  I believe that renovating the units would be the right move to maximize the property so I would need to get all the current tenants out when their leases run out.

I am assuming this will not be easy, and maybe wont even be possible due to the strict rules that I am sure that HUD has in place. Has anyone gone through a similar situation and what was your experience?


Thank you for any insight .  

Loading replies...