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Updated over 2 years ago on . Most recent reply

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5
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1
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Phillip Lewis
  • New to Real Estate
  • Toledo, OH
1
Votes |
5
Posts

Getting a tenant to leave so you I can occupy a unit

Phillip Lewis
  • New to Real Estate
  • Toledo, OH
Posted

Hello, 

I'm interested in house hacking for my as my next real estate venture. I've been passively looking at properties so far and have been noticing a lot of them are fully occupied even though the listing will have FHA as an acceptable loan type. I'm early on in the looking phase and want to have some strategies in case I come across a great deal, but it is fully occupied. Is there any strategies I can use when negotiating the purchase of the home for the seller to ensure there is a spot available for me to move in? (ex. In the contract stipulate one unit must be vacant upon closing?) Also if I cannot negotiate it in the contract what are some other strategies people have used? Appreciate any feed back and recommendations!

Most Popular Reply

User Stats

348
Posts
301
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Joel Case
  • Rental Property Investor
  • Ocean Springs, MS
301
Votes |
348
Posts
Joel Case
  • Rental Property Investor
  • Ocean Springs, MS
Replied

I would opt to close only after the unit is vacated. I have seen too many posts on here about the new owner not being able to get the tenant to leave, make it the sellers problem. 

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