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re: Renting out property without mortgage holder's consent

Posted on 6/27/14 at 3:00 pm to
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 6/27/14 at 3:00 pm to
You could do a down payment with a lease and an agreed upon price. Then require them to get real financing and actually buy by a certain time period.

I have heard some stories told on here about people doing this knowing the Tennant will never get financing, once the date comes they don't have financing, they evict and keep the deposit.
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