Updated over 9 years ago on . Most recent reply
Help needed, selling occupied rental.
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.