Submitted by Rickdemption t3_115u8t3 in RhodeIsland
Rickdemption OP t1_j93d95g wrote
Reply to comment by leavingthecold in Rent to Own programs by Rickdemption
Nope! Well sorta - rent to own for houses
YAYAYAAAY t1_j942rwh wrote
lol you’re going to get scammed my guy
if you could rent a home for X amount of money why would you sell it to someone that can’t qualify for a legitimate mortgage?
Mrmojorisincg t1_j953ypo wrote
Would make no sense for the landlord. All the responsibility and rent for renting an apartment, except you don’t get to keep the property after?? Why would anyone do that optionally?
RandomChurn t1_j95fy1z wrote
👆This is the answer, for sure.
Unless it's for an absolute dog in Nowhere, Arkansas, what property owner would do this? There is no upside for them.
So, OP, if you ever were to find such an offer here in RI, it's telling you loud and clear that it's predatory or worse
leavingthecold t1_j949s3c wrote
Oh that, i've only seen that in extremely rural or shitty areas. Mainly for trailers or mobile homes. Never seen it here but who knows it may exist.
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