this post was submitted on 02 Oct 2023
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Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
submitted 1 year ago by Custoslibera to c/[email protected]
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[โ€“] sailingbythelee 6 points 1 year ago (1 children)

"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.

[โ€“] [email protected] 8 points 1 year ago

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.