Wholesale a property I rent myself?

[David Howard]

Hello,

I've been renting a house in California for 6 years. In that time, the owner and I have had a good relationship. Between paying 6 years of rent and no selling fees or rehab costs, I'm convinced the owner would sell me the house significantly under market value. The thing is, the property value has increased so much that I will not qualify to purchase it myself. My thoughts were to take advantage of my situation and wholesale the house I live in instead. In this scenario, would you recommend an assignment, or a double closing?