Anyone here ever rent to own? (housing)

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Lifer
Oct 11, 1999
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I'm not sure if our current landlord would be interested in this proposition (it's her childhood home, so maybe/probably not), but I'm wondering how agreements like this usually happen. A few of our friends have had the landlords suggest something along these lines; how do these usually work? Anyone know?

Rob
 

psteng19

Diamond Member
Dec 9, 2000
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Of course it's possible... anything's possible, if the owner needs cash quick, or is sick of maintaining the property.

But other than that, who would throw away monthly rent income in an economy this bad and the real estate market/demand this hot?
 

LS20

Banned
Jan 22, 2002
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what i would do is offer to buy the place, just take our loan from parents.. or bank..., throw it down..... worst case scenario you decide to sell it there would be minimal losses, if any... especially since its unlikely itll depreciate