- Joined
- Apr 16, 2008
- Messages
- 331
Hi REIN Members,
I am hoping that some of you can shed some light on my situation.
I am currently advertising a property for rent on www.kijiji.ca.
I received a response from a `real estate investor` who asked me if I would be wiling to do a lease with him, with an option to buy later on...
I asked him for clarification, and if he was looking to do a rent to own.
When asked this, he said `yes, I am looking for a rent to own`.
He says that he is a real estate investor and that he wants to rent my property for 12-18 months and then eventually purchase it. He says that he would be personally renting the property, and then personally purchasing it.
Something just seems a little bit off with his proposal and I just quite can`t put my finger on it...
Am I missing something here?
Please advise.
Thanks,
Neil
I am hoping that some of you can shed some light on my situation.
I am currently advertising a property for rent on www.kijiji.ca.
I received a response from a `real estate investor` who asked me if I would be wiling to do a lease with him, with an option to buy later on...
I asked him for clarification, and if he was looking to do a rent to own.
When asked this, he said `yes, I am looking for a rent to own`.
He says that he is a real estate investor and that he wants to rent my property for 12-18 months and then eventually purchase it. He says that he would be personally renting the property, and then personally purchasing it.
Something just seems a little bit off with his proposal and I just quite can`t put my finger on it...
Am I missing something here?
Please advise.
Thanks,
Neil