Michael provided a great answer. Rent to own leases can be made and I have made them with past clients, however it is challenging to come to a mutually beneficial agreement.
Why are you looking for this option? Do you not qualify for a home loan at this time? Or, Is there another reason this option looks appealing to you?
I have a team of investors and lenders who have assisted homeowners get into a home now who are not able to qualify for traditional financing. Two of the affiliates I work with are structured similar to a lease to own. If you are interested in finding out more information please email or call me to discuss further.
Have an exceptional day!
These deals can be made if both parties are willing to negotiate.
Feel free to contact me if you want to discuss.