View Full Version : Turn Short Seller Into Renter?
beer234
10-29-2007, 08:41 PM
If I buy a home from someone needing a short sale, can they turn around and become my tennant if they want to stay in the home? If so is this a common investing method?
They are about to lose their home to foreclosure and you want them for a tenant. Why would you want someone who can not manage their funds as a tenant? Don't you think they will hold a grudge?
doogers
10-31-2007, 01:13 PM
well if they are going to be good renters, and have the funds to pay the rent..then it may not be a bad idea. They are going to need a place to go.
Luke
Cedar City Utah Realtor
11-01-2007, 07:44 AM
Happens all the time.
vBulletin® v3.7.0, Copyright ©2000-2008, Jelsoft Enterprises Ltd.