REIA NYC Blog
Real Estate Investors Association NYC

3 Common Mistakes Rent - to - Own Buyers Make

A rent - to - own arrangement can make home ownership a step closer even if you do not currently have the money to buy a home. But, you need to be aware of the pitfalls. How It Works Under a rent - to - own arrangement, you rent a home at a slightly higher than average rate with an agreed upon potential purchase date and purchase price for the property that can be several months to several years away. You can purchase the property at any poin ..