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Rent to Own Shelters

What Is Rent-to-Own and How Does It Work

If you want to own a Livestock shelter and take advantage of all the benefits of your capital. Rent-to-own might be a reasonable entry into your livestock shelter.

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Rent-to-own is an agreement in which you rent a shelter for 36 months with the option of buying it. Typically, the agreement includes a non-refundable percentage of your monthly payments going toward a down payment when the lease expires. 

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We don't report to credit bureaus, so choosing this method won't negatively affect your score. Most importantly, you can use your capital on other investments.

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Rent-to-own financing is an option for purchasing a shelter without going through a bank for a loan or using your capital. Instead, you rent the property with the option to buy it at the end of your lease term. The agreement specifies the purchase price, monthly rent, and payment schedule.

 

Here are some key points to consider about rent-to-own financing:

 

How It Works

You make monthly rent payments, and a portion of those payments go toward a down payment on the shelter. This portion is sometimes referred to as "rent credit." You can use the rent credit to purchase the shelter at the end of your rent/lease term.

 

This Agreement

The primary type of rent-to-own agreement is a lease purchase. This allows you to lease a shelter for 36 months with the option to buy it at the end of the lease.

 

Costs 

The monthly costs for our rent-to-own agreements are straightforward. You must pay both the first and last month's payments in advance.

 

•Risks 

If you fail to make the rent payments, you risk losing the money applied toward the principal and may face repossession of the shelter.

 

• Scammers

Be aware that scammers sometimes post fraudulent rent-to-own listings.

Rent-to-own financing can be helpful for individuals with limited savings or credit challenges and those looking to keep their capital accessible. However, it's essential to carefully consider the factors involved before agreeing to a rent-to-own contract. We want to arrange a visit to discuss this further with you.

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Get a Rent to Own Quote

If you would like a complimentary quote for a rent-to-own payment, please provide the following information.

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