Rent to Own Strategies 1h 5m 19s
Most homebuyers need a mortgage to finance the purchase of a new house. To qualify, the person must have a good credit score and cash for a down payment. Without these, the traditional route to homeownership may not be an option. There is an alternative, however: a rent-to-own agreement, in which a person rents a home for a certain amount of time, with the option to buy it before the lease expires. Rent-to-own agreements consist of two parts: a standard lease agreement and an option to buy.
In this course you will learn how as a realtor you can not only introduce this strategy into your own investment stratgies and gain passive income into the future by having spectacular tenants, but how you can assist your clients in securing a similar strategy.
About this Course
Most homebuyers need a mortgage to finance the purchase of a new house. To qualify, the person must have a good credit score and cash for a down payment. Without these, the traditional route to homeownership may not be an option. There is an alternative, however: a rent-to-own agreement, in which a person rents a home for a certain amount of time, with the option to buy it before the lease expires. Rent-to-own agreements consist of two parts: a standard lease agreement and an option to buy.
In this course you will learn how as a realtor you can not only introduce this strategy into your own investment stratgies and gain passive income into the future by having spectacular tenants, but how you can assist your clients in securing a similar strategy.
Topics Include:
- Creating the right rent-to-own agreement
- Finding the right property
- Finding the right tenant
