How Leverage Homes helped an experienced landlord by acquiring two fully occupied duplexes on a strict construction loan deadline without disrupting tenants.
TENANT-OCCUPIED
EDISON, NJ
STRICT SELLING TIMELINE
Our client had built and managed these properties himself. He understood real estate and he understood risk. But after relocating to South Jersey, managing rental properties hours away no longer made sense.
Without disrupting tenants
Without risking rent interruptions
Without triggering loan penalties
Both properties were tied together by one construction loan, meaning they had to be sold together on a very specific timeline.
Loan penalties could apply if the strict payoff window was missed.
Tenants could get uneasy and leave if the process dragged on.
Limited access for inspections due to full occupancy.
Certificate of Occupancy issues required further coordination for repairs
This wasn’t a standard rental property sale. The seller had spoken with multiple buyers. Some could only buy one of the two properties; others couldn’t commit to the timeline.
Leverage Homes structured the transaction around the seller’s needs, not the other way around. Every detail was accounted for before moving forward.
No need to vacate units, preserving rental income continuity.
Managed both duplexes to close together to satisfy the single loan.
Took responsibility for Certificate of Occupancy compliance & repairs.
Offered financial protection if delays occurred, giving the seller absolute certainty.
The seller was an experienced developer, so he needed proof that we knew the market and could get him the money he needed. We earned trust by showing up in person, walking the property together, and proactively communicating.
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"During the process, the seller shared that working with the Leverage Homes team reminded him of his own early days in real estate."
Joey Szal
VP, Acquisitions
The seller moved on without ongoing liability or disruption to his family or lifestyle.
Both properties closed together
100% Rent collection maintained
Loan obligations met on time
Zero seller repair work
If you’re trying to sell with tenants in place; especially under loan, tax, or timeline pressure, our team is equipped for any situation.
See how we have supported thousands of people like you
Newark, NJ
Description
Description
Office Location
50 Park Place, Suite 301
Newark, NJ 07102
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Office Location
50 Park Place, Suite 301
Newark, NJ 07102