I found a rare rent-to-own locally. So it’s in my name and otherwise the same as buying, except the original owner is the bank. As long as I stay 2-3 years, I come out ahead if viewed as a rental. If I make it 20 (or can get ahead/clever in various ways), I own it outright/maybe make a little bit.
I’m turning 40 in a few days. I finally moved into a crazy beat-up fixer-upper/possible crime scene about 3 weeks ago.
Welcome to the club. Were you able to afford the fixer upper on your own, or did you need to split the financial burden with another person?
I found a rare rent-to-own locally. So it’s in my name and otherwise the same as buying, except the original owner is the bank. As long as I stay 2-3 years, I come out ahead if viewed as a rental. If I make it 20 (or can get ahead/clever in various ways), I own it outright/maybe make a little bit.