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Re: Rent to Own
by EM (TX)
on May 11, 2018 @13:55
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You're getting downvoted for some reason but yes, rent to own can be a good deal for the landlord. Actually, it's often quite bad for the tenant--I think the deals are often structured such that if the tenant fails to make all the payments they lose their "equity" as you noted.
I'd get a real estate attorney and pay them a few hundred bucks before trying to do a rent-to-own deal. Usually rent-to-own is for bad credit tenants who can't get a mortgage.
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