Grow your real estate investing business with the most competitive and transparent private lender for bridge loans (hard money, fix & flip, rehab, ground up construction), DSCR rental loans.

Private Lender for DSCR Loans and Fix & Flip Loans | OfferMarket

Private Lender for DSCR Loans and Fix & Flip Loans

Wondering can you sell your rental property with tenants? The answer is yes!

 

In fact, there are a lot of people who would love to buy your tenant-occupied rental property, including OfferMarket. We are actively buying rental properties for our own portfolio, and buyers on our marketplace will absolutely provide you with competitive offers for your rental property.

 

If you are considering selling your tenant-occupied rental property, we recommend reading our guide, [How To Sell A Rental Property With Tenants](https://www.offermarket.us/guides/how-to-sell-a-rental-property-with-tenants)

Yes, you can sell your rental property with tenants and with OfferMarket it's easy!

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Can you sell your rental property with tenants? - OfferMarket

Can you sell your rental property with tenants?

All else equal, an empty house will sell faster because there will be no delays coordinating showings or waiting for sellers or tenants to move out of the property. A best practice is to install a lockbox to provide qualified buyers with convenient on-demand access to the property.

 

Did you know that when you use OfferMarket's commission-free [Get Offers](https://www.offermarket.us/sell) service to sell your house, you receive a lockbox, professional photography and 3D home tour for free?

 

If you are considering selling a tenant-occupied home, we recommend reading our guide, [How To Sell A Rental Property With Tenants](https://www.offermarket.us/guides/how-to-sell-a-rental-property-with-tenants) and our FAQ, [Can you sell your rental property with tenants?](https://www.offermarket.us/frequently-asked-questions/can-you-sell-your-rental-property-with-tenants)

Empty, vacant, houses tend to sell faster for one simple reason. There's more to learn at OfferMarket.

Does an empty house sell faster? - OfferMarket FAQ

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Does an empty house sell faster? - OfferMarket FAQs

Does an empty house sell faster?

If you're wondering what makes a house harder to sell, these are the most common issues:

 

- **Unreasonable price target:** this is the number 1 reason homes sit on the market unsold -- pricing too high is a non-starter for many buyers who won't even take a closer look at the property
- **Non-cooperating tenants:** it's really hard to schedule showings, inspections and appraisals when tenants are not willing to cooperate
- **Non-performing tenants:** if you have tenants who are not current on rent and need to be evicted, the pool of prospective buyers will be limited and your offers will be less competitive because of the extra cost and risk assumed by the buyer
- **Major structural issues:** if you have a significant structural issue (i.e. roof need to be replaced and conventional lenders are therefore unwilling to underwrite a loan), your pool of buyers will be limited to investors who will provide less competitive offers than primary residence buyers
- **Multiple sellers in disagreement:** when more than one person is on the deed, there's a chance 
- **Seller is under water:** if the seller is under water, meaning they owe more than the home is worth, they will need to pay their lender at closing -- most people don't have a desire to do that, so they will hold out for an unreasonable offer that is unlikely to be received
- **Liens on the property:** if there are liens on the property (i.e. unpaid taxes, unpaid water bills), then it will take time for the title company to sort through the payoffs required to close
- **Clouded title:** irregularities or conflicting ownership claims may be discovered during the title search which will likely need to be resolved before a buyer is able and willing to accept ownership of the property
- **Contingencies:** when a buyer's offer includes one or more contingencies (i.e. home sale, inspection, financing), it dramatically increases the probability of frustrating delays and contract cancellation

 

There are many other situations that make a house harder to sell and we will do our best to add more to this list so you can be as knowledgeable as possible.

These are the obvious and not-so-obvious things that make a house harder to sell. There's more to learn at OfferMarket.

What makes a house harder to sell? OfferMarket FAQs

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What makes a house harder to sell? - OfferMarket FAQs

What makes a house harder to sell?

A lot of people wonder what not to fix when selling a house, so let's take a closer look at the facts...

 

Study after study concludes that most home repairs and renovations deliver considerably below 100% return on investment. That means, for every $1 you spend fixing your house, you will recoup less than $1 extra in your home's market value. The major exception to this important data point is professional real estate investors and talented DIYers who have lower costs of labor and materials.

 

Keeping your home in good repair and quickly addressing maintenance issues is always a best practice. If your strategy is to sell for top-dollar to primary residence homebuyers who are likely to require an inspection contingency, then you should consider cost-effectively fixing major systems and fixtures whose condition can result in a terminated contract by requesting multiple quotes from licensed subcontractors.

 

- roof
- foundation
- water intrusion and drainage issues (i.e. sump pump)
- recalled or faulty electrical panels and wiring
- plumbing leaks
- patch holes in drywall

 

## Sell Your House AS IS

 

We recommend selling your house in AS IS condition and conducting these select few [low-cost chores to improve your home's appeal and market value](https://www.offermarket.us/guides/selling-a-house-as-is).

 

## So, what should you not fix when selling a house?

 

- avoid complete replacement wherever possible (i.e. instead of replacing a deck: power wash, replace a few boards and stain)
- avoid items that are taste-driven (i.e. re-painting, replacing countertops, replacing flooring or carpeting)
- avoid repairs to areas that don't add-value (i.e. re-painting and replacing flooring in the laundry room)

 

## Food for thought: think like a fix and flip investor

 

- What are the comps in your area?
- What net proceeds are you targeting?
- What are the most cost-effective things you can do to make your home more valuable to prospective buyers?
- Establish and stick to your budget.

 

## Related reading:

 

- [Should I Sell My House AS IS Or Fix It Up?](https://www.offermarket.us/frequently-asked-questions/should-i-sell-my-house-as-is-or-fix-it-up)
- [How To Sell A House For Sale By Owner](https://www.offermarket.us/guides/how-to-sell-a-house-by-owner)
- [Why sell with OfferMarket?](https://www.offermarket.us/tools/why-sell-with-offermarket)

Most pre-sale repairs and renovations deliver negative return on investment. These are the things you should not fix when selling a house.

Can you sell your rental property with tenants?

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