The economy is making a slow come back and right now is the perfect time to buy cheap real estate. But, you ask yourself. What is a good way to acquire a home if my credit is bad or I don’t have enough for the down payment?
Have you ever thought about a rent to own property? Rent to Own is when a landlord agrees to lease a home to a tenant and the tenant has an option to buy the home with the rent applying to the price of the home. We have done this with a couple of our rental properties and then the tenant eventually purchased the home. Works out great, especially if you don’t have the down payment at that time. Also helps you save money or get your credit back up to where it needs to be.
RentToOwn.org is the perfect website to find great rental property in your area. One of the best listing sites I’ve seen in a long time. All you do is put the name of the city and state, how much you want to spend and bedrooms. So easy and very user friendly!! All the years my husband and I were flipping homes, we would look in the local paper and talk to our real estate agent. This website would’ve helped tremendously in our search all those years ago.
I tried this in my area and I had no idea of all the homes in a price I would want to spend. Ton’s of information and pictures of each property to help you find that perfect property. This is the best website to find your next home at a great price.