Can I Sell My Home to a Cash Home Buying Company and Rent it Back?

If you’ve ever sold your home before, you’ll know that timing can be tricky when you’re trying to move somewhere else on a budget. Sometimes, homeowners end up needing to jump on a great offer and sell their home to get a great deal, but they still need to live in their home for a time until they’re ready to move. Luckily, cash home buying companies can purchase your house much faster than traditional buyers and will work with you to ensure that your timeline works out for moving. If you need to rent from your buyer, check out this article!

Selling for Cash

First of all, you need to understand how it works to sell your house for cash. When you sell your house to a cash buyer, you don’t continue to list and advertise your home to traditional buyers. Instead, you’ll contact a cash home buying company, which is a specific type of cash buyer. Once you’ve contacted your cash home buying company, you’ll need to request a cash offer from them. Once you’ve received and accepted their offer, it will only take a few weeks to sell your house and seal the deal on a great cash offer. Some buyers can even purchase a house in 7 days!

How Cash Home Buying Companies Work

Cash home buying companies don’t work like traditional buyers. They don’t require you to list your home and won’t usually ask to tour it. Instead, they’ll just need some information to calculate your personalized cash offer. They also won’t require you to inspect, repair, or renovate your house, which will save you thousands of dollars and months of your time. Cash home buying companies will purchase almost any house in any condition and pay the homeowner fully in cash. Best of all, cash home buying companies don’t work with real estate agents, so you won’t have to pay commission fees.

Renting Your House

If you want to sell your house fast to take advantage of your cash home buying company’s great offer but need to rent it back for a time before your new house is ready to move into, talk to your cash buyer. Most cash home buying companies end up renovating and flipping the houses that they purchase, so they probably won’t be in much of a rush to resell your house anyways. Chances are that you’ll be able to rent your house back for the time that you need, and then you’ll be able to move into your new home with the financial security of your great deal.

So, if you know that you’re going to be in a bit of a time crunch when it comes to selling your house, remember that you might be able to rent your house back when you sell to a cash home buying business. This can save you both money and time since you’ll have accepted their great cash offer. This will allow you to get paid 100% in cash, while still having a place to live before your new house is ready.

Do you want to sell your home to a cash home buying company? Click here to learn more about Minnesota Home Guys, a cash home buying company.

Frequently Asked Questions

Yes! Minnesota Home Guys purchases land as well as houses. Whether it’s a vacant lot, acreage, or a parcel you inherited, we’re happy to take a look and make you an offer. Just submit the property details and we’ll get back to you.

Yes, absolutely. While we’re based in the Twin Cities, we buy houses all across Minnesota. Whether your property is in the suburbs, rural areas, or small towns, we’re interested. Submit your address and we’ll let you know how we can help.

We consider several factors when making an offer, including your home’s condition, recent comparable sales in the area, market trends, and any necessary repairs. Our goal is to provide you with a fair and competitive offer based on real market data.

No! We buy houses in any condition, whether they need minor updates or major repairs. You won’t have to spend a dime on renovations, inspections, or cleaning—we handle everything.

If your home is in foreclosure, we may still be able to buy it and help you avoid a full foreclosure process. The sooner you reach out, the more options we have to help. Contact us today to discuss your situation.

No, you will not be “listed” and waiting for a buyer – we are direct home buyers, not an agent offering to list your home and hope it sells. That means you don’t have to worry about showings, commissions, or waiting for the right buyer. We buy homes with cash, allowing for a fast and hassle-free closing.

Yes! If you’re a landlord with problem tenants or an unwanted rental property, we can make you a fair cash offer. You don’t have to wait for a lease to end—we buy properties with tenants still in place. “Tired landlord” is one of the most common situations we see.

We buy single-family homes, townhomes, duplexes, multi-family properties, and even vacant land. If you’re unsure whether your property qualifies, just reach out to us!

Closing speed is based on your timeline. If you want to close fast, we can do that! If you need time, we can do that too!

Here’s how it works: Once you accept and sign our offer, we order the abstract update and a title opinion. If any title defects are found, we work with you to resolve them. Once the title is cleared, we set a closing date and begin preparing the legal closing documents. Closing date is typically 2-4 weeks from the time the offer is signed, but if you are in a hurry please call (952) 222-7138 and we can expedite the process!

When you choose to sell your property to us, we will cover the abstract update, title opinion, transfer tax, as well as closing costs. You will only be responsible to pay property tax up to the date of sale and any liens.

We guarantee closing on every offer we make. This is easily done because our team gets to know the seller, researches the property, understands current market trends, and has cash ready to close.

Yes! If your home is listed with a real estate agent, you’re still welcome to submit it to us for a cash offer. Keep in mind that if it’s under contract or you have listing obligations, you may need to coordinate with your agent—but we’re happy to work with listed properties.

Nope! One of the benefits of selling to Minnesota Home Guys is that you don’t need to lift a finger. You can leave behind furniture, trash, old appliances—whatever you don’t want to deal with. We’ll take care of everything after closing. Just take what you want and leave the rest.

Our cash offer is guaranteed as long as everything we discussed about your property checks out. The only time the offer would change is if we discover something unexpected during the title process—like a hidden lien, unpaid property taxes, or a contractor bill that wasn’t disclosed. We’re always upfront and transparent, and if something like this does come up, we’ll talk it through with you.