I'm very close to getting a contract for a multi unit property and I believe its a good deal. The property is owner occupied. One unit is on month to month, while the other unit has tenants under lease which started on 2/2018. The thing is, the original seller doesn't want the tenants to know he's selling until everything closes. He told me he doesn't want anyone contacting his tenants. I think he is afraid to spoke them in case the deal doesn't go through. Is there anything I should make sure is stated in my purchase agreement with the seller or in the assignment contract I provided to the new buyer? The original seller is already asking questions about a estoppel in the contract and contacting tenants . I told him if he supplied the information, that would be okay (right?). We haven't signed yet so I can make updates to the contract.
Also, how do I best show the property to potential buyers under these circumstances?
Thank you much from a newbie trying to learn from the best!
I'm seeing red flags here. How did it go?