YOU CAN post for sale by owners, look for a web site called FIZBER.COM as one example of how to
do it. Its not a popular subject on Trulia and lot of the Realtors are not aware of what is allowed to be posted so you will see many opinions on the subject.
Keller Williams Realty-East Bay
You should contact both an attorney and a local Realtor. There are many options available to you. You will want a substantial down payment, a length of time before which the buyer/renter will exercise the purchase option (1 or 2-years is not unusual). You will need to negotiate how much of the monthly rental amount, if anything, will be credited towards the purchase. This amount will be applied to the purchase if the property is sold and the tenant/buyer will forfeit this cash if they do not exercise the option by the end of the agreed upon term.
You can see that this is a complicated process and you will want an attorney involved in the preparation of the agreement.... more