Is it possible?

[Winona Benson]

True, I am a newbie, but I still must have some type of-when are you going to start attitude. I would like know if you get in on a rent-to-own deal and the property needs rehab (saying this because I may have to start like this). I know I would have to make repairs and would or if it' decent, either/or, can I rent it out eventually? If I can? What type of down payment would this require?

[Aaron Montague]

@Winona Benson

You can do just about anything with the right contracts. This is a situation you'd probably want to avoid. Rent to own is tough to start, so throwing in a rehab just screws up the valuation for everyone.

I would use owner financing instead. This is a full ownership transfer so you own the house. This makes getting your rehab loan easier to get.