Experience in lease to own or owner financing to renters

[Craig Stephens]

Hi,

I'd like to understand why a buy and hold person would offer their rental as a lease to own or offer owner financed buying when the property is under lease and you have renters.  

What's the advantage of doing that? 

What are the details on how to set up the up-front payment, how much would you ask for on a home that could sell for 190K-230K?  How much would go to rent vs how much goes to the "buy" on a lease to buy?  

If you're trying to do owner financed what are the details and why would you set that up? 

Thanks, 

Craig.