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General Landlording & Rental Properties

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Robert Phillips
  • Linden, NC
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Buying a property with long term tenant in place

Robert Phillips
  • Linden, NC
Posted Feb 26 2018, 19:23

I’m super excited. I just put an offer in on a 3/2 for 65,000. There is one thing. The seller has a long term tenant in place. What do I need to do to make this work? I have a lot of questions. I know I have to honor the existing lease. What do I need to look out for? How would the original deposit be handled? Thanks in advance for any input

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