Can't Do Rent Credit Agreements in NC - What Do I Do Now?

[adamamartin]

Hi Suburban, you may want to consider lease purchase options.

Rent credit vs. rent to own vs. lease option

We are currently doing “rent to own” on our mobile homes we sell in our park. Resident signs the lease agreement along with a seperate Rent to own contract. I would love to hear from any owners who are using Frank and Daves Rent credit process. I would like to implement it as it sounds like a simpler method but am still a little unclear on a few things such as. Do you set a purchase price on the home that they are moving into and when the rent credits hit that amount , then they take ownersh…