Rent with and Option to Buy
Rent with an Option to Buy
While it is considered part of the American dream to own a home, for many reasons, you may not be ready to buy, but don’t necessarily want to be in an apartment or your parent’s basement either. Our program allows for you to pick from any home listed for sale and rent for up to 5 years with a guaranteed rental amount that won’t skyrocket each year. Anytime within that five years, you have an option to purchase the home at a pre-determined price which is usually substantially less than market value. One client recently purchased their rental and had nearly $80k in equity! While there is a right to buy, there is no obligation, so if your plans change, you can terminate after one year without penalty. With most rents ranging from $2000-$3500 and serving most metro area neighborhoods, we are confident we can help you find a path home! It only takes a day or two to get approved & just a few short weeks until move-in.
To apply click on the RENT TO OWN tab on the left column.
What are the basic requirements?
Minimum 580 Transunion Credit Score – ITIN is accepted
Stable Employment – Self Employed and Commission OK
$85,000+ combined household income
No recent felony convictions, evictions or pending bankruptcies – previous Bankruptcies are allowed
Pets are welcome!
* Other requirements may apply and subject to final approval