this post was submitted on 02 Oct 2023
1164 points (90.5% liked)

Memes

45554 readers
790 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
1164
Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
submitted 1 year ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
286 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] sailingbythelee@lemmy.world 6 points 1 year 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.

[โ€“] nick@campfyre.nickwebster.dev 8 points 1 year 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.