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Lobby General Discussion topic #12688612

Subject: "Rent-to-Own Property--Ever done it?" Previous topic | Next topic
JellyBean
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16875 posts 		Fri Jan-02-15 10:51 AM

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"Rent-to-Own Property--Ever done it?"


  

          

I'm looking for an apartment, townhouse or house to rent...one of the properties I've been looking at has a rent to own option. It's a house 3 bedroom 1.5 bath $2000 down and $900 monthly for rent.

Is there anything I should be wary of?
Is this something that could potentially backfire?
pros? cons?

"Holier than thou never sits well with me."(c)janey

"OKP spends way too much time looking for ways to be offended." ~legsdiamond


http://twitter.com/jeleighbean

  
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Rent-to-Own Property--Ever done it? [View all] , JellyBean, Fri Jan-02-15 10:51 AM
 
Subject Author Message Date ID
nobody knows nothing about this???
Jan 02nd 2015
1
it sounds like something you shouldn't do
Jan 02nd 2015
2
Anytime you take a "rent-to-own" option, you lose...
Jan 02nd 2015
3
If you have a good contract and are looking to own a home -
Jan 02nd 2015
4
how much of that will they give you when you buy the house?
Jan 02nd 2015
5
the $2000 down goes directly
Jan 02nd 2015
6
      Nah, they saying YOU gotta find a lender?
Jan 02nd 2015
10
i would do this on a property i wanted to get rid of...
Jan 02nd 2015
7
never heard of a successful rent to own transaction
Jan 02nd 2015
8
Nah, B. Buy straight up, but don't go for this okey doke.....
Jan 02nd 2015
9

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