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Updated over 1 year ago,
selling while tenant occupied
I have a first time time land lord. I am fortunate to have a wonderful tenant in place. I am considering selling my property. The lease expires 6/30/24. I should have 200K plus in equity. My living situation is i rent a house with mt wife and 3 young children. My in law also live with us about 6 months out of the year. within the next 12-24 month and am looking to buy a larger home that can accommodate all of us. I am hope interest rates will be more manageable by then. My cousin and I are also looking into going in together on an airbnb property in the poconos. With the profit I can potentially get back I'd have more than enough to accomplish this. My main issue is should i sell while it is occupied or wait until the lease is coming up. I was planning on seeing if they are interested in buying it first. Any thoughts would be greatly appreciated. Thanks