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Updated about 8 years ago on . Most recent reply

User Stats

74
Posts
11
Votes
James Maher
  • Real Estate Investor
  • Campobello, SC
11
Votes |
74
Posts

Help needed, selling occupied rental.

James Maher
  • Real Estate Investor
  • Campobello, SC
Posted

I have tenants in a rental property and their lease ends in February.  I probably should have gotten on the ball earlier, but oh well.  I want to sell this property, not because it's not doing well, but it's just really kinda too big and nice for a rental, and the equity in it can be more efficient in a different price point.

Anyways, does anyone have experience selling a house with tenants in place, to a new homeowner?  Due to the price I doubt any investors will be buying it, so whoever buys it will owner occupy.  I don't really want to just kick them out at the end of their lease, and then be stuck paying the mortgage each month.

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