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Updated over 8 years ago,
Best way to sell my property to my tenant?
My tenant in Arizona wants to buy my rental property. She is not ready for a mortgage right now because of her credit score and doesn't have a down payment. She was asking if I could set up some kind of rent to own situation and I am trying to figure out the best way to do so that will benefit both parties and save us money on selling/closing costs. I am pretty new to this stuff so I would love any advice. How can we set this up that will benefit both of us and protect me if she backs out? Thank you for your help.