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Updated over 10 years ago,
Lease Option Home. Please Help
My wife purchased a rent to own (a year before we were together.) She has a resident living in the home that covers her payment and nothing more. I haven't seen the paperwork on it yet, but judging by the payment alone she over paid. Typically, is there a way to get out of these things? Additionally, is there a way to profit? I'm guessing the only obvious way to profit is to sell the same scenario to someone else that is looking for this type of home/pay out...?