I am an apprentice union construction worker and i am early in the program and i own a small successful lawncare business. Me and my wife have been renting the past two years and don’t have the greatest credit (it’s not horrendous or anything but definitely not the best) and we would love to be able to settle in to a home that we can call ours and build on in 6 months when our lease is up. A few more years into my apprenticeship program i will be making killer money + my side business + her job so genuinely i think a rent to own type of situation would fit us perfectly as our income over the next few years projects to increase pretty drastically. I have read good things and bad things about these kind of agreements and i don’t even see any listings for them in my area so i would probably have to do some searching. My aunt is a real estate agent and uncle works with home loans so i have some people i could talk to. Just here to ask if seeking this kind of arrangement out sounds like it’s a good idea or worth my time.
Thanks!
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source https://www.reddit.com/r/RealEstate/comments/1syyid2/question_about_rent_to_own/
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