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this post was submitted on 02 Oct 2023
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"Rent to buy" already has a name. It's called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It's awesome.
The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It's easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage.