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ezLandlord Questions and Answers
Rent w/Option to Buy
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almost 12 years ago
We are 1st time landlords on a home we couldn't sell. It was on the market for 3 years before deciding to rent. Our new tenants want to rent for a year with an option to buy at that time. However, they have a defaulted mortgage on their credit history and can't get a bank loan. They want to make monthly payments with interest to us. What are the pros and cons to this scenerio?
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ezLandlord, Inc. 22228 St. Barts Lane Estero, FL 33928
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