Anyone out there that does rent-to-own to people with less than perfect credit, and then reports their on-time rent payments to the credit bureaus to help them repair their credit and help them qualify for a loan when the time comes to buy the property? How is this done, do you have to register with the credit bureaus or something?
And maybe even one step further-anyone with RTO that helps enroll the tenants in credit repair programs to reestablish their credit? I’d like to do it, but not sure if its realistically feasible to offer it to tenants/buyers…my main concern is obviously making sure that they are qualifiable for financing when the time comes for them to buy my property.