Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply

Can you sell your property with a tenant in it?
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!
Most Popular Reply

Yes. The new owner inherits the tenant and has to abide by the lease in place. They could buy out the tenants lease as well