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 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 12 points 11 months ago (1 children)

No, you pay off their mortgage in exchange for not being homeless. All renting should be rent to buy. No renting without equity in exchange.

[–] [email protected] 6 points 11 months 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.

[–] [email protected] 8 points 11 months 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.