Can someone please explain to me the different methods behind rent to own and what type of paperwork is needed?
Do you require money down?
Please help!
You need two forms:
- Rental Agreement - Every state has different “rules”.
- Option Agreement -
- Get some deposit for the rental agreement + Option money (depending on your situation).
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Good Luck!
Here you can find some free forms: Make sure you check them with a professional before you use them.
[b]http://www.realestate-agentsinfo.com/Form%20List/Full%20List%20of%20Forms.html[/b]
This is also called Lease Option. You might have better luck looking for lease option help.