Rent to Own: 1) First Right of Refusal: For a nominal deposit a few grand, the tenant can have the first right to purchase the building. Deposit is given to owner land lord, with an expiration date. If an offer or the date come to fruition, then the deposit would be used toward the purchase. If the tenant cannot buy or does not meet or beat the current offer then the deposit is surrendered to the owner. 2) Rent Portions toward Purchase: Monthly Payments are given as rent and a portion of that amount is given toward the purchase and the down payment, with in a set amount of time. If tenant does not purchase then all money is belonging to the owner landlord. 3) Seller Financing: from you to the buyers for said time, said rate and amortization. Balloon due upon said date. All tax deductibl...
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