Hey BP I would like your opinion of how you would do this deal? Found this house 120k, owner wants to do a rent to own. I already have a house so I don't want to rent it. So how can I make it work for both of us? The house is on a C neighborhood asking 120k rent comps are appx $1700.
Owner finance? Typically rent to own is a strategy to sell to someone who has a credit issue they need to fix to qualify for a bank loan. A soft market strategy with selling being the objective. What is your property seller's primary objective?