Selling house to tenant while keeping my low interest loan

[Dan Griffin]

This may be a basic question -- but I don't know the answer.

I have a house in another state that I used to live in. We moved, but kept the house because we had a 2.625% loan on it -- and there was a possibility that we may come back after a few years. I'm a little cash flow negative each month.

The tenant has a great job now and makes a good salary -- but has some pretty bad dings on his report.

What's the best way to sell the house to the tenant? I have a low interest loan and he would likely only qualify for a really high rate. Is there a way to keep my loan and let him buy from me?