• sailingbythelee@lemmy.world
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    9 months ago

    “Rent to buy” already has a name. It’s called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It’s awesome.

    • nick@campfyre.nickwebster.dev
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      9 months ago

      The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It’s easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage.