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Rent To Own

mbarikmo profile photo
  • Saturday, October 22, 2005 @ 04:46 PM EDT
  • 2 Comments
How does a rent to own work as far as applying a portion of the monthly rent toward a down payment for purchase. Do I need to bank that money and give it back to the tenant to use when they secure a mortgage? What percentage do you usually credit toward the down payment upon execution of the option.
Thanks in advance.
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  • mbarikmo
    mbarikmo22nd October, 2005
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    Also should I be rening int for 1% of the Sell price?

  • Money4RE
    Money4RE22nd October, 2005
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    http://www.thecreativeinvestor.com/ViewTopic49595-24.html

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