ill keep it simple. ok i wont i remodeled a house, and i met people interested in buying it. i told them $55k cash out, and they asked if they could lease to own. i agreed i would try it, as i am very much in need to get some money flowing back to me on this property. problem is, i dont know how lease to owns work in detail, and the buyer apparently does (he remodels houses for a living. he likes what ive done and is helping me finish) so, i think he wants me to take some money off the down payment for helping me, and im fine with that (im guessing he means security deposit? if he helps, i would be willing to negate that fee). or do most lease to owns not have security deposits? also, since i offered $55k cash out for this house, should the lease-to-own price be higher? i was thinking $60k? also, if they agreed to straight rent for $700 a month, would the lease-to-own montly rent price be lower? and then they pay the premium on top of that, i have no idea how much that might be. he told me well go to the credit place and work out all the details, but ive been doing research and it seems these can be worked in a lot of different ways. does anyone know how they generally go? given the details i have, and say we sign a 3 year lease, what would monthly payments be? btw, the house is just in a bad market area, but these people already live a mile down the road and are set here so it works out.