Sometimes people want to do a "rent to own" because they fear that they cannot get a mortgage. Do you realize that you can still get financing with considerably LESS than perfect credit and putting down only 3.5%? Are you familiar with any of the Montgomery County Grant Programs to help you with your closing costs?
Rent to own may be a possibility, but home-ownership in this time of very low rates trumps all! Let me know how I can help you.
Carol Murray Cei