Question

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I have a preforeclosure subject2 deal on the table where the owner has someone in the house she's renting it to. Would I be obligated to honor the existing lease with the present tenant? I don't want to rent it out, I want to rent to own the property or flip it. The tenants aren't in a position to buy.

Comments(1)

  • knucs20th April, 2004

    Yes. Get a copy of the lease to check out the particulars.
    Maybe you can give them U Haul money (entice them to move).

    Kelly(WI) wink

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