kingstonkid Posted March 23, 2016 Share Posted March 23, 2016 As people know gf and I are trying to buy a house. As usual bank is being difficult. Has anyone had any luck with lease or rent to own for buying a house? Link to comment Share on other sites More sharing options...
lostinisaan Posted March 23, 2016 Share Posted March 23, 2016 As people know? Have you got enough cash to pay for at least half of it? Where does the money come from for monthly installments? Be careful, the banks have longer arms. best of luck. - Link to comment Share on other sites More sharing options...
kingstonkid Posted March 23, 2016 Author Share Posted March 23, 2016 The answer to your questions is yes the cash to make payments. We are not looking to go through a bank hence Lease to own Link to comment Share on other sites More sharing options...
innerspace Posted March 23, 2016 Share Posted March 23, 2016 Had a couple of developers offer finance themselves when looked before, rates were crazy though but better than nothing if no credit available through banks. Link to comment Share on other sites More sharing options...
thaihome Posted March 24, 2016 Share Posted March 24, 2016 (edited) Lease to own is a misnomer. You are looking for an owner financed mortgage. TH Edited March 24, 2016 by thaihome Link to comment Share on other sites More sharing options...
theguyfromanotherforum Posted March 26, 2016 Share Posted March 26, 2016 After you lease your house for 25 years you'll own about 10% of it. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now