Updated 4 months ago on . Most recent reply

Rent/Arbitrage to Own?!
An owner would like to sell to me and may no need a downpayment. It's listed for $325k, they owe $185k. What is a way we could structure this deal without a downpayment or conventional loan? I was thinking of a way to "Rent to Own" but I rent out the house at a higher amount than their downpayment and get to start paying their mortgage rates. Has anyone done something like that?