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Updated almost 6 years ago on . Most recent reply
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Rend-to-own vs seller financing
Hi All,
We recently purchased some units with prior savings, but we ran out of cash and we have demanding jobs that would not let us engage in creative investment that would require a lot of time commitment, however, I was wondering about rent-to-own. Is this a safe option? My thought was to get few of these properties and get some cash flow that would help us pay the other properties that we did purchased through a loan. Is there any catch to the rent-to-own strategy? is it true that you only need to put down between 3 t o10% and if so, does this apply to investors also? Any advise is appreciated.