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Hated the idea of a rent-to-own on a place off Nations Ford, then ran the numbers myself
My buddy kept pushing me to look at rent-to-own instead of a normal mortgage and I figured it was a trap with hidden fees. Turned out the seller was carrying a 4.9% note on a $218k house with $12k down, which beat anything my lender could do with these rates. Anyone here gone that route in the 28217 area, and how did the paperwork hold up?
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