Posted by AMMIE on March 21, 2005 at 10:19:26:
I SUGGEST YOU BUY THIS BOOK--------IT HELPED ME ALOT…AND THEY HAVE OTHER BOOKS ALSO…I HAVE READ THEM ALL AND NOW I DO SUBJECT TO AND RENT TO OWN…“HOW TO CREATE MULTIPLE STREAMS OF INCOME” BY PETER CONTI & DAVID FINKEL WWW.AMAZON.COM NO KIDDING …YOU SOUND LIKE YOU NEED TO LEARN ALOT BEFORE GETTING INVOLVED IN INVESTMENTS…HOPE THIS HELPS…email with any questions will be glad to help i’m also a realtor!!
HOW DO I DO A “RENT TO OWN” - Posted by Jeff
Posted by Jeff on March 05, 2005 at 19:59:44:
I have never seen this type of paperwork, so I’m unfamiliar with the way this would work.
(1)Should the rental or lease be entirely separate and unattached to the “option”?
(2)Should I charge more for rent becuase of the option?
(3)Should I limit the time frame of the option?
(4)Does the option include a set price for the house that has to be adhered to 1 or 2 years later?
(5)Should I get a "down payment or deposit that is non refundable…if so how much? Am I forgeting something?
Thanks in advance for your help!
Jeff