Updated about 10 years ago on . Most recent reply
A possible Deal with Tenants
I have a possible deal. But before I discuss price with him, I wanted to see how I can work out the deal with tenants. Here are the detaisl: He owns the house free and clear, his only motivation is that he doesnt want to be a landlord anymore, and he either wants to sell in March, or have his lease agreement with the tenants honored which ends in March, and he is open to the possiblilty of seller financing
I can see how I can do it if I rehab my self by seller financing, or placing a deposit in now in agreement to purchase and kick out the tenants in march to begin rehab. But if I wanted to wholesale it out, how can I go about it to insure that the lease agreement is honored?