Hi just wondered if anyone could point me in the right direction.
My question is about lease options.
My parents said they would try to help me get my own home or find something to rent out if I find a good deal. They said they would sell me one of their rental houses which is currently rented, but not really high enough payment but great renter.
Would a lease option keep me from needing a 20% downpayment etc. Or would buying on contract be better.
Can we make this work for everybody with a lease option, or something else??
first home
Hi just wondered if anyone could point me in the right direction.
My question is about lease options.
My parents said they would try to help me get my own home or find something to rent out if I find a good deal. They said they would sell me one of their rental houses which is currently rented, but not really high enough payment but great renter.
Would a lease option keep me from needing a 20% downpayment etc. Or would buying on contract be better.
Can we make this work for everybody with a lease option, or something else??
Thanks