return2ozma@lemmy.world to politics @lemmy.world · 3 months agoHarris to endorse protections for renters and removal of key tax benefits for Wall St. investors buying homeswww.nbcnews.comexternal-linkmessage-square90fedilinkarrow-up1886arrow-down19cross-posted to: housingcrisis@lemmy.world
arrow-up1877arrow-down1external-linkHarris to endorse protections for renters and removal of key tax benefits for Wall St. investors buying homeswww.nbcnews.comreturn2ozma@lemmy.world to politics @lemmy.world · 3 months agomessage-square90fedilinkcross-posted to: housingcrisis@lemmy.world
minus-squarerhythmisaprancer@moist.catsweat.comlinkfedilinkarrow-up2·3 months agoIs rent to own that common? Is it a viable option? I have heard of owner financing situations, but they are generally looked down upon (risky).
minus-squareTheLowestStone@lemmy.worldlinkfedilinkarrow-up2·3 months agoNo. It’s extremely uncommon but the comment that started this discussion mentioned forcing landlords to adopt rent to own programs. Got me thinking about how cool it would be if that was a viable option.
minus-squarerhythmisaprancer@moist.catsweat.comlinkfedilinkarrow-up1·3 months agoThat’s a good point, having that option could be good if it was supported appropriately.
minus-squareRivalarrival@lemmy.todaylinkfedilinkEnglisharrow-up1·3 months ago have heard of owner financing situations, but they are generally looked down upon (risky). Owner financing is far less risky than renting from that same owner. For both the seller/lender/landlord and the buyer/borrower/tenant.
minus-squarerhythmisaprancer@moist.catsweat.comlinkfedilinkarrow-up1·3 months agoThat could be, I’m only familiar with the negatives but in reality I know little about that option.
Is rent to own that common? Is it a viable option? I have heard of owner financing situations, but they are generally looked down upon (risky).
No. It’s extremely uncommon but the comment that started this discussion mentioned forcing landlords to adopt rent to own programs. Got me thinking about how cool it would be if that was a viable option.
That’s a good point, having that option could be good if it was supported appropriately.
Owner financing is far less risky than renting from that same owner. For both the seller/lender/landlord and the buyer/borrower/tenant.
That could be, I’m only familiar with the negatives but in reality I know little about that option.