Posted by Edwin on February 24, 2008 at 23:50:42:
Darryl, I’ve had the same problems. It’s not easy to find people with upfront option money of $3000-5000. How much are you trying to get? Also, what is your housing market like now? If it’s depressed, I would not try rent to own. It’s an up hill battle. Also, the house has to be in a nice enough neighborhood that someone wants to live there long-term. I’ve found that trying to sell a house on Rent-to-own terms in a rental neighborhood is largely a waste of time.