I did a search and found 6 properties in Reading School District that were Lease/purchase, owner financing or rent to own. They were between 20k to 47k.
These types of "financing" can work but I have found that some are rigged to have the buyer not succeed and lose down money or the additional rent. This can happen if the seller requires that you get your own mortgage in a very short amount of time. Other times the price of the property are extremely high or the interest rate is excessive.
One also needs to check that the seller is not in financial difficulty and in danger of losing the property. If that happens you will lose all that you have invested.
That being said your Realtor should protect you against many of these pitfalls.
Lease / purchases do work but they should be entered in with caution.
Please contact me if I can help you furthur.
Century 21 Park Road
Are you looking for a home in Reading school district only? Some sellers are open to that set up but it's not always advertised that way. We can find you some options of homes you like and then reach out to the listing agent to find out if the seller would consider.
If you'd like some help just let me know. :)