Sell With Tenants In Place. No Eviction.
Selling a Rental Property? Here Is What to Do
Done being a landlord? We buy rental properties for cash, as is, and can close with tenants still in place. No eviction, no turnover, no repairs. Tell us about the property.
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Your Options
Can You Sell a Rental Property With Tenants in It?
Yes. You can sell a rental with tenants in place. In most cases the existing lease transfers with the property, so the new owner takes over as landlord and the tenants stay under their current terms until the lease ends.
That means you do not have to wait for the lease to expire, evict anyone, or time the sale to a vacancy. A cash buyer who also invests can close subject to the existing lease.
The Process
How to Sell a Rental Property Fast
You do not need to turn the unit or end the tenancy first.
- Tell us about the property, the lease, and whether rent is current.
- Get a same-day cash offer that accounts for the tenancy.
- We close subject to the existing lease. Tenants are not disturbed.
- You hand off the deposits and lease at closing and you are done being a landlord.
Cash Offer
We Buy Rental Properties for Cash
HomeWise buys single rentals and small multi-family properties for cash, as is, occupied or vacant. Deferred maintenance, problem tenants, and dated units are all fine. We price them in.
Because we buy as an investor, a paying tenant is a feature, not a problem. You skip the turnover, the make-ready repairs, and the vacancy that a traditional sale often requires.
The Comparison
Rental Sale: Cash Sale vs Listing on the Market
Listing a tenant-occupied rental is hard: showings require tenant cooperation, most retail buyers want it vacant and renovated, and emptying it costs you rent and turnover expense.
A cash sale to an investor buys it as is, with the tenant in place, and closes fast. If the unit is vacant, renovated, and in a hot owner-occupant market, listing might net more, and we will tell you.
What to Know
What Happens to the Lease and Deposits
In most states, a sale does not break an existing lease. The lease runs with the property, so the buyer becomes the new landlord and must honor the current terms until the lease ends. Month-to-month tenancies transfer too, subject to the notice rules in your state.
Security deposits transfer to the new owner at closing, and the tenants should be notified of the new owner and where to send rent. We handle the deposit transfer and the lease assignment as part of the closing so nothing falls through the cracks.
Any Condition. Any Situation.
We Buy Houses in Any Situation
Whether you need to sell a house in foreclosure, sell an inherited house, sell a rental property, or sell a house that needs repairs, HomeWise buys homes as is with no cleaning, no showings, and no agent commissions.
Sell a House to Avoid Foreclosure
Stop the clock and protect your credit and equity before the bank acts
Sell an Inherited or Probate House
Sell an inherited house as-is and skip the stress of probate
Sell a House During Divorce
Divide assets quickly, fairly, and stress-free
Sell a House Behind on Payments
Get immediate debt relief with a guaranteed cash offer
Sell a House That Needs Major Repairs
Sell as-is. We absorb the repair burden, no contractor needed
Sell a Vacant House Fast
Stop carrying the cost of a home you don't use
Sell a Rental Property With Tenants
Sell with tenants in place. We handle problem rentals
Sell Before Relocating for Work
Close fast so you can move forward with your life
Common Questions About Selling a House: Tired Landlord
Honest answers about selling in this situation, what to expect, and how fast you can close.
Can I sell with a tenant still under lease?
Yes. The lease typically transfers with the property and the new owner honors it. You do not need to evict or wait for the lease to end.
What about the security deposits?
Deposits transfer to the buyer at closing, and tenants are notified of the new owner. We handle this as part of the closing.
Do you buy if the tenant is behind on rent?
Yes. Tell us the rent status. A behind-on-rent tenant does not stop the sale; we factor it into the offer.
Can you buy multiple rentals at once?
Yes. We buy single rentals and small portfolios. Tell us what you have and we will make an offer.
Real Stories From Homeowners Who Sold to HomeWise
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