What does it mean when an apartment has a 'tenant in place,' and why would you buy one?

… to move into the apartment themselves  An apartment with a tenant in place is just what it sounds like a renter is … the unit And along with the renter typically comes a lower purchase price  Usually the price is low because there is a … on the apartment until the tenant is out It is important to keep some funds in escrow until the current tenants vacate …

By Celia Young |February 14, 2024 - 3:55PM