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[–] 12 points 2 years ago (1 child)

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.

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  • [–] 6 points 2 years ago (1 child)

    "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.

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  • [–] 8 points 2 years 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.

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