SHOW / EPISODE

Rent-to-Own Real Estate 101: Understanding the Pros and Cons and How to Succeed

Episode 9
12m | Jan 16, 2023

Rent-to-own real estate, also known as lease-option or lease-to-own, is a unique type of home purchasing option that allows renters to eventually become homeowners. Under a rent-to-own agreement, renters pay an option fee and a monthly rent premium in addition to the regular rent. The option fee gives the renters the right to purchase the home at a later date, usually at a pre-determined price. This can be an excellent option for people who are not currently in a position to purchase a home but want to build up their credit and save for a down payment. In this podcast, we will discuss the benefits and potential drawbacks of rent-to-own real estate and provide tips on how to navigate the process.


https://youtu.be/LCJu8t0CSp0



Audio Player Image
Gary Talks Real Estate
Loading...