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What is a Rent To Own Transaction?

A rent to own transaction is when a landlord agrees to lease a home to a tenant and the tenant has an option to buy the home for a pre-negotiated price before the end of the lease. The primary components of a rent to own transaction are the rental term, the purchase price, the upfront deposit, and the monthly rent credit. Below are a few basic steps to get you started:

Step 1 Search Homes

iRentToOwn.com has over 1M nationwide affordable properties

Step 2 Find Investor

Investors nationwide buy homes and offer rent to own programs

Step 3 Agree on Terms

Our transaction overview includes a summary of terms

Step 4 Lease Home

Achieving financial improvement goals is critical

Step 5 Purchase Home

When ready to qualify for a traditional loan, you purchase home!