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Laneco
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Join Date: Jan 2005
Location: Usa
Posts: 5,573
Bad.

I know or have seen probably 8 or 10 examples of "rent to own" and absolutely ZERO of them resulted in ownership. The result of each of them was the "buyer" doing modifications and treating the house as if they owned it, then never buying it and leaving the real owner with undesirable or not-to-code modifications.

If the house you are selling cannot be financed, that's a different story. Effectively do an owner-carry with a high interest rate and all the down payment you can get. But if it is a financeable house, then either sell it or rent it.

angela
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Hello

http://forums.pelicanparts.com/off-topic-discussions/1102514-we-lost-amazing-woman-yesterday.html
Old 05-26-2011, 09:11 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #10 (permalink)