I would strongly suggest you read the how to articles, money making ideas and success stories…along with everything else at least a few times…
Anycase IMHO people that want to live in half million dollar homes will likely have 50k put away and be able to afford over 2.5k in rent… (even if it isn’t 50k…and only 25k…who cares??
Is there anyway to make lease option to work in a high housing price market when equity is not a lot.
For example, if the house is 550K, what is the down payment and monthly payment? I cannot charge the T/B for 55K down and 3000$ per month for rent + 1000$ monthly down payment.