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Joel Polanco
Pro Member
  • New to Real Estate
  • Tampa, FL
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27
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Purchasing SFH With Tenant in Place

Joel Polanco
Pro Member
  • New to Real Estate
  • Tampa, FL
Posted Jan 31 2020, 05:31

How do you guys feel about purchasing a property that has a tenant already renting it? I am going to purchase my first investment property in Jax in the next two months, and I met with a realtor yesterday. She asked me if I am okay if the property already has a tenant in place, and since I was blindsided by the question, I told her yes, that I'm okay with it. But I don't really know much about this. I know that if I purchase a property with a tenant in place, that I am going to ask for pay stubs for rent for the last 12 months, but that's about it. Can I get some advice please?

Thank you

Joel

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