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rent to buy ?

can part timers get rent to buy a home 

6 Answers

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  • 3 weeks ago
    Favourite answer

    Don't do a rent to buy!  There are many reasons.  What if the seller doesn't pay the taxes or mortgage?  What if the seller can't convey marketable title?  It's a bad idea since you don't get the title until after you have paid in full.  You would be better off with a lease with the option to purchase.

  • 3 weeks ago

    Rent to buy is 99% of the time a terrible idea. If you do consider this - get a VERY clear contract. You may find if you miss a single payment the entire deal is void. 

  • Anonymous
    3 weeks ago

    Mostly no unless it's a high paying part time job, it was thought up because the average full time wage often isn't enough to buy a house.

  • Anonymous
    3 weeks ago

    It is possible, but renting to own is a scam.

  • 3 weeks ago

    The fact that you are part time is on one level immaterial. It will be your income that is looked at.

    So, if what you earn part-time if enough, then you will be fine

  • 3 weeks ago

    What's your monthly salary?  You still have to qualify.  Do you earn $80,000 a year working just part-time?

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