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Real Estate
Reply to "can I sell a condo with tenants in it?"
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[quote=Anonymous]Yes, you can absolutely sell a condo with a tenant in it, but it could limit your buyers. You are more likely to get investors trying to bid low on that occupied condo than people who intend to live in that condo, who would have to wait a year before moving in. Is the condo cash-flow positive at list price? If not, you're asking buyers to lose money for almost a year before they get to move-in. Also, depending on the tenant, they may need to evict to get them to leave after the year is up.[/quote]
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