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Updated over 2 years ago,

User Stats

12
Posts
6
Votes
Matheu Santos
  • Investor
  • Germany
6
Votes |
12
Posts

Can you sell your property with a tenant in it?

Matheu Santos
  • Investor
  • Germany
Posted

My property appreciated around 100k in just 2 years, which I bought with a VA loan with 0 down in Colorado Springs. I turned it into a rental and currently it cashflows $108 monthly after all operating costs. I want to take my profits and purchase a multi family in Florida with a much better ROI. If I refinance, I'll be able to get 90k, however I'll be negative $300/month. Would I be able to sell the property even though the lease is 5 months from ending? Should I just wait and pass on this opportunity? Thanks in advance!

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