Offlineiwas woundering what happens when your rent to owne guy stops paying you still have to come up with that money are we doing any kind of check on these people?
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Posted on: Wed, 09/21/2011 - 09:40
iwas woundering what happens when your rent to owne guy stops paying you still have to come up with that money are we doing any kind of check on these people?
I am assuming this is a rent to own and you would have a renter in place. The answer is yes, you still have to pay the seller if your renter stiffs you. It is your job to screen your renters before you put them into a property. Pretty much cut and dry. It is basic REI 101, hope this helps...Jan