Work with a mortgage loan officer to qualify your viewpoint renters. Possess loan officer give you advice how long it will require to have the tenant "mortgage ready", then put your rent alternative term consequently.
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First, let us clear-up some "slang" terms often used in combination with these that induce confusion: Rent to Own, Lease solution, Lease with solution to buy all suggest exactly the same thing.
Before you rush to the pc and start to hammer out a business plan, you must do some heavy duty and severe research. See your Library to check out some books on organizing a company program. See just what the sun and rain form a business program. After that after you've absorbed the information and knowledge, get hold of your Banker. Ask what they want to see when it comes to a business program that will help them fund your brand-new company.
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