Can You Sell a Rental Property With Tenants in Michigan?

Yes! Selling a tenant-occupied property is possible, but most traditional buyers avoid them. Your options:

Wait Until Lease Ends (Lose months of cash flow)
Evict Tenants (Costly, time-consuming, unethical)
Sell to a Cash Buyer (Fastest solution – keep tenants in place)

M1 Home Buyers specializes in purchasing occupied rentals—we take over your leases so you can move on.

Selling a rental property with tenants can be complex. Many Michigan landlords worry about tenant rights, showings, evictions, and delays when listing their occupied property. M1 Home Buyers simplifies the process by purchasing rental properties as-is, with tenants in place, for a fair cash price.

Why Sell A Tenant-Occupied Rental In Michigan?

There are many reasons landlords decide to sell their rental property while it’s still occupied:

Retirement or portfolio liquidation
Relocating out of state
Tired of property management headaches
Problem tenants causing stress or non-payment
Avoiding eviction processes or repairs
Capitalizing on strong market values before they change

Sell Your Rental Properties With Tenants for Cash in Three Easy Steps

Before you call a real estate agent, you owe it to yourself to explore other options for selling your Rental Properties With Tenants fast in City. Instead of going through a complicated process in a traditional sale, you can work directly with our team and skip the realtor. Our process is simple.

Sell your rental without disturbing tenants

Step 1: Contact Us

When you are ready to sell your Rental Properties With Tenants, the first step is to call us and schedule a walkthrough of the Rental Properties With Tenants. It’s fast and easy, and there is no obligation to sell your Rental Properties With Tenants. Feel free to ask questions. We are here to help!

No vacancy needed – sell your occupied rental

Step 2: Get a Cash Offer

We will assess your property and decide if we want to make an offer. If we like what we see, we will make a fair cash offer at just under the market value of your home. In most cases, we can make an offer within 24 to 48 hours.

Michigan landlord solutions – get offer now

Step 3: Close and Get Paid

If you accept our offer, the next step is to schedule a convenient closing date. Simply show up, sign the paperwork, and walk away with no strings attached. We pay most or all of the closing costs, which save you money.

Why Landlords Choose Us for Occupied Rentals

✅ Lease Experts – We honor existing agreements
✅ Tenant Screening – We assess rent rolls before buying
✅ No Surprise Vacancies – We account for occupancy in our offer
✅ Smooth Transitions – We handle all tenant communications

We Buy:
✔ Single-family rentals with tenants
✔ Multi-unit buildings (partial or full occupancy)
✔ Properties with lease violations/non-payment
✔ Inherited rentals with existing tenants

Compare Selling Methods For Tenant-Occupied Properties

Feature	List With Realtors	Sell FSBO	Sell To M1 Home Buyers
Repairs & Staging Needed	Yes	Often	No
Tenant Showings Required	Yes	Yes	Minimal (walkthrough only)
Closing Timeline	60-120+ days	60-120+ days	14-30 days
Commissions & Fees	5-6%	Closing costs	None – we cover all
Certainty of Closing	Medium	Medium	High – cash purchase
Sell As-Is With Tenants	Rarely	Rarely	Yes

Why Sell My Home Fast For Cash To M1 Home Buyers?

Selling your home shouldn’t be stressful. At M1 Home Buyers, we streamline the process by purchasing directly from you in cash – no fees, no commissions, and no middlemen. We buy City, MI homes in any condition, handling all closing costs and repairs ourselves, while tailoring solutions to your unique situation.

Fair Cash Offer

We’ll make you a cash offer based on the condition and value of the home.

Simple Sale Process

We want to make selling your home as easy and stress-free as possible.

Close When You Want

Need to sell fast or need extra time to move? We’ll work with you.

Sell Your Home As-Is

You won’t have to make any repairs or updates! We buy Rental Properties With Tenants totally “as-is.”

No Agent Fees

We buy Rental Properties With Tenants directly from sellers with no realtor commissions or other fees.

No Need To Clean

No need to clean. Leave behind anything you don’t want to take with you.

3 Ways to Sell a Tenant-Occupied Rental

1. List Traditionally (If Vacant or Cooperative Tenants)

Pros: Potentially higher price
Cons:
- 6% realtor fees
- Requires tenant showings
- Takes 6+ months

2. Offer “Cash for Keys” to Tenants

Pros: Creates vacancy
Cons:
- $3,000-$10,000+ cost
- Morally questionable
- May trigger tenant lawsuits

3. Sell to M1 Home Buyers (Recommended)

✅ No need to disturb tenants
✅ Close in 7-30 days
✅ No commissions/fees
✅ Guaranteed sale

Top Rated Cash Home Buyers In Michigan

– Leonya B
“Mark and Mike provide persistent, patient, honest, and great customer service!”

– Jamase
“Mike purchased our family home. He is a genuine guy and worked with us to stay in the home a little longer than anticipated.”

John got cash for his house in foreclosure

– John N
“I worked with Mark, Jamie, and Mike through the unfortunate circumstance of my foreclosure. I’m extremely satisfied with their efforts.”

See More Testimonials

Tax Considerations When Selling Rental Properties

Selling tenant-occupied rentals has tax implications:

Capital gains tax on profits
Depreciation recapture taxed as ordinary income
1031 exchanges allow deferral if reinvesting in similar properties (IRS)

Always consult your CPA before selling.

Michigan Tenant Law Considerations

Lease Transfers: Allowed per MCL 554.601
Security Deposits: Must be transferred to new owner
Notice Requirements: 30-day notice for month-to-month leases
Key Tip: Selling occupied avoids retaliatory eviction claims

FAQs About Selling Occupied Rentals

1. Do tenants have to approve the sale?

No—Michigan law allows lease transfers without tenant consent.

2. What if my tenants are behind on rent?

We still buy—we factor arrears into our offer.

3. Can you buy just one unit in a multi-family?

Yes! We purchase single units or entire buildings.

4. How fast can you close?

As quick as 7 days in urgent situations.

Get Your No-Obligation Cash Offer Today

✔ Free property evaluation
✔ No tenant disruption required
✔ Fast closing timeline
✔ No hidden fees

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Don’t Lose Months of Rent – Sell Your Occupied Rental Today!

Waiting for vacancies costs you thousands in lost income. Get a fair cash offer now from Michigan’s leading buyer of tenant-occupied properties. Contact M1 Home Buyers today!

P.S. The average Michigan rental sits vacant 42 days between tenants. Sell occupied and stop the financial bleed now!

M1 Home Buyers Reviews

5.0 ★★★★★ Home Buyers in Michigan

See More Google Reviews

Proud Partners Of

The Autism Alliance of Michigan (AAoM) is leading efforts to make Michigan a better place to live for people with autism and their families.

The Michigan Humane Society’s mission is to improve and save lives through compassionate care, community engagement and advocacy for animals.

Get A Cash Offer From M1 Home Buyers!

Michigan

M1 Home Buyers | Sell My House Fast – We Buy Houses For Cash
7091 Orchard Lake Rd Ste 285, West Bloomfield Township, MI 48322
(248) 397-5800

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We Buy Houses All Across Michigan

We Buy Rental Properties With Tenants In Michigan

Get A Cash Offer For Your House Today!