Rent to Own is tricky for buyers. Some are scams, and those that aren't are very much set up in the owners favor. You will generally be responsible for all utilities, maintenance, and repairs. You will also have to make your payments on time, every time, or you may lose your right to purchase the property. Owner financing (land contract, etc) is helpful if you can find someone willing to do it. I've bought a few properties this way and haven't had a bad experience yet. I would say to watch how much money you put into the property either way, since they technically still own it until you pay it off and get the title.
If you have any specific questions feel free to email me.Rent to own homes....how?
I am a real estate investor and everybody out here is not honest. If credit is a problem, you can lease to own for a year or two and finance it in your name to keep everybody honest. I have heard some horrible stories when you do a rent or lease to own and the home owner is not paying the rent and end up getting foreclosed on . You can have in your contract that you are given permission to speak with the lien holder to get up with this
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