Updated almost 5 years ago on . Most recent reply
Investors that do rent to own
I’m looking for someone in a Chicagoland that has experience with rent to own. Preferably someone that has done many. I have experience with one it was more a Land Contract.
I have some questions to ask someone that has gone through a bunch of them.
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@Peter Halliday - There is actually a guy out in your area that does quite a few of them. He provided me his lease to own contract. Shoot me a PM and I can provide you his contact information because I don't think he is BP.
Also, @Joe Mueller has done quite a few and is in your area.
Overall it's a great strategy. You just need to go all-in on it so you have the right systems and processes in place. Most of the time none of the tenants end up purchasing the homes (which is sad). I love the idea of working with the tenants to improve their credit score and financials and then helping them purchase.
- Jonathan Klemm
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