Sell a House With Tenants in St. Louis

Sell a House With Tenants in St. Louis

Want to sell a house with tenants in St. Louis? We buy rental houses for cash with the tenants still in place, so you don’t have to wait for a lease to end, deal with an eviction, or fix up the house after a move-out. We can close in as little as 7 days, or on a date you choose, with no commissions and closing costs covered.

We’re Swift Home Buys, a local, family-owned home buyer that has worked with St. Louis-area landlords for over 10 years. Whether you own one rental or several, we’ll make the sale simple for you and fair to your tenants.

Why Rentals With Tenants Are Hard to Sell

Selling an occupied rental the traditional way is tough. Most retail buyers want to move in, so they won’t buy until the tenants leave. Showings depend on your tenants’ cooperation, and an unhappy tenant can make the house look its worst. If you wait for the lease to end, you may be paying the mortgage on an empty house while you make repairs and list it.

Tired landlord? Sell with the tenants in place

Late rent, repair calls, turnover costs, and rising insurance wear on anyone. If you’re a tired landlord, selling your rental property with tenants in place, as-is, lets you be done in one step. We buy rentals that need work, rentals with tenants who are behind on rent, and houses in between tenants.

The existing lease

In Missouri, selling the house doesn’t end an existing lease. Your tenants stay under their current lease, and we take it over as the new owner, so no one has to move out for the sale to happen. Have a copy of the lease handy when we talk. This isn’t legal advice, so ask a real estate attorney if your lease has unusual terms.

Local rental inspection rules

Many cities around St. Louis have their own rental rules. For example, Crestwood requires a re-occupancy permit when a rental gets new tenants, St. Peters requires an occupancy inspection when a non-owner-occupied house changes hands, and Wentzville requires an inspection before a new tenant moves in. Inspections can turn up a list of items to fix. Check with your city about what applies to your rental, and know that you won’t be making repairs to sell to us either way.

How a Sale to Us Works

Tell us about the rental, the lease, and the rent. We set up one visit at a time that works for you and your tenants, and you get a no-obligation cash offer with our math explained. Our offers are below full market value because we take on the repairs and the risk, and we’ll always be upfront about that. If the house is in great shape and would sell well once it’s vacant, listing may net you more, and we’ll tell you so. See every step on our How It Works page.

We buy rental houses across St. Louis City, St. Louis County, St. Charles County, and Jefferson, Franklin, and Lincoln counties.

Landlords: Real Buyers Close

Landlords get plenty of “we buy houses” offers, and many come from wholesalers who never plan to buy. They put your rental under contract, then try to sell that contract to another investor, and if they can’t, the deal falls apart. Ask whether the buyer is using their own money. We are, and we close through a title company. Read Don’t Be Fooled by Advertising for the warning signs.