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North Collins : Real Estate Advice

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Sat Oct 22, 2011
Scott Godzyk answered:
A lease purchase or renting to own is when you are living in the home you are renting with teh intention of purchasing in a specific amount of time, mostly 1-2 years. In most cases a portion of teh rent is credited towards your down payment and or closing costs.

http://www.trulia.com/blog/scott_godzyk/2010/06/rent_to_own_homes_learn_how_to_lease_purchase

Please see my blog with tios and advice on how to rent to own a home
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