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Message
re: Rent to own a house
Posted on 3/27/13 at 11:58 am to TigerRob20
Posted on 3/27/13 at 11:58 am to TigerRob20
Well, do you plan on keeping the house? If the answer is yes, I would not do it.
Honestly, I probably would not do it anyways. I just sold a house last year and thats what they wanted to do. I made them sign the papers and they paid me rent for the 14 months they were in it. Had I done a rent to own deal, I would have gotten zero equity during that 14 months.
Honestly, I probably would not do it anyways. I just sold a house last year and thats what they wanted to do. I made them sign the papers and they paid me rent for the 14 months they were in it. Had I done a rent to own deal, I would have gotten zero equity during that 14 months.
1
Posted on 3/27/13 at 1:39 pm to OnTheBrink
Ok thanks for the info. You have talked me out of allowing it.
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