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Updated about 1 year ago,
Allow rent to own
I’ve had long term tenants in a property that I own. They want to purchase it but can’t get a mortgage. However they can afford the rent payments and have approached me regarding a rent to own situation when their lease is up in March. I’m open to this situation as it’s the property I planned to sell in the spring. What considerations and terms make sense? How do we structure this? Would love any input and advice!