A distressed seller with 30 to 60 days to move discusses his situation with a buyer who plans to evict the current tenant, clean up the animal-damaged property, and either rent or flip it. The conversation shows how personal hardship and property condition shape what's actually possible in a deal.
Chapters
So if I understood, if I understand, if we were to buy this, something works out, you would want just kind of best case scenario, what the hell would you be looking for? Because obviously we have to work together. I lost my job, lost my wife, lost everything. So 30 days, it's gonna be difficult. Yeah, I get it. You don't have to be upset with me. I'm not upset, but you don't have to like— I totally get that you're in a tough situation. It's not something— I'll do what I can and I will work however I can and I will work with wherever, however, whatever. 30, 60 days at the tops, I would say.
That would be good. If I were to buy this property and not flip it but keep it as a rental, I definitely would have to evict the tenant. Not even evict the tenant because he seems like he'd be cool to go out, but I'd give him like 30 to 60 days to move out, clean it up, and then rent it to someone else. I would not keep him as a tenant because obviously the condition of the home is in the way it is because of the way— how many animals he has. It's just not in good shape.