Buy Your Home with No Credit with an Option to Buy
Lease Option & Lease to Own
This video was produced by a YouTube channel connected to Wendy Patton. Wendy teaches investors how to make money. Therefore, yes, you can secure a house with a lease option or lease to own contract; however, you must stick to the contract or else you could lose.
Likely, if this arrangement attracts you, its because you have bad credit. Understand, it you don’t live up to the contractual obligations, you could lose some of the money you’ve put into the deal beyond just the rental payments. It still could be a good deal, but understand, you have to live up to your contract without being wishy-washy or else you could lose some money.
Consult an attorney for details as this forum is a layman’s perspective. We are not attorneys and can’t give legal advice.