Call Us 614-333-6099 605 N. High St Suite 108 Columbus, Ohio 43215


Is Rent to Own (RTO) right for me?  If you are ready to purchase a home, but cannot do so because of credit or insufficient funds, but do not want to throw any more money away then RTO is the way to go!

Why should I Rent to Own?  Well let me just give you a few examples of Buyer/Tenant Benefits. Rent Money is Working Towards the Purchase of the Property. Minimum Cash Out of Your Pocket. Option Money is Applied Towards the Purchase of the Property. Credit Problems will NOT Hinder your Purchase. Faster Equity Growth. Time to repair your credit or investigate the best financing. Peace of Mind.

What is the difference between a Lease Option and Rent to Own?  Well there is no difference. When an experienced real estate professional talks about a Lease Option or Lease Purchase they are talking about an arrangement that contains both a Lease Contract and an option to purchase contract.  Rent to Own is the same exact thing.

What is “Work For Equity” ?  The work for equity program is very similar to the rent to own/ lease option program. Some times these homes sold under the “work for equity” program may require a little more renovations.  It is a good way for someone who is handy to own a home, fix it up themselves and gain equity in the future. Call us if you’re interested in this type of program!

Who pays the taxes on a Rent to Own contract?  Simple: The person whose name is on the deed.[P.S. The seller/landlord maintains ALL the tax benefits until the property is sold!]

Who pays the insurance on a Rent to Own contract?  Simple: The insurance on the home is paid by the owner of the home. Typically the buyer/tenant has renter’s insurance.

Is the price of the home established in advance?  YES. The price of the home is decided at the time you sign the Rent to Own Agreement, but is subject to bank appraisal at the time of purchase. 

How much do I need for a down payment? It will vary with your credit but most of the time it is 2% to 5%! We have worked with less, but keep in mind, the more money you put down, the lower your monthly payment is. We are very flexible with down payment, and can offer many options. We always do our very best to work with whatever funds you have available.

Does your down payment go towards the purchase price of the home? YES, whatever money you put down on your home in our program goes 100% toward the purchase price.  No more wasted money on landlord rents!  So if you put $5,000 down on a $100,000 home you would then owe only $95,000. The $5,000 is applied to the purchase price of the home as part of your down payment requirement.

Do you offer down payment assistance? Yes we do. Alot of times if you are a bit short on down payment we can set up a monthly payment plan spread out over 6-12 months.

What other methods of down payment are accepted? Unlike most lending institutions, we accept borrowed funds for closing. If you have a close friend or relative willing to lend you money for your down payment you can use that in our program. You may also be eligible to withdraw or borrow form your 401k to purchase a home without penalties. We also accept trades.

How much rent goes towards the purchase price of the home?  Stop throwing money away each month for an apartment. With our Lease/Purchase Program a fixed portion of your monthly rent is contributed towards the purchase price of the home. This rate varies between $50 and $150 per month depending on the home and your credit situation.  For example: if you put down $5,000 on a home and you were given a monthly contribution of $100.00 for 36 months you would have a total down payment of $8,600.00.

What if I can’t get a bank loan within three – five years?  We are always willing to renew leases and to continue to work with our customers as long as it takes. We have never asked anyone to move because they could not buy the home.  Some families have purchased after leasing for 7 years.

Do I need a real estate agent?  Absolutely not. In many cases this will save you 4-8% of the selling price. That could mean thousands of dollars in your pocket! As a matter of fact you do not need a mortgage broker, bank, lawyer or real estate agent.

How long is the Rent To Own period for?  Typically we can give you 3-5year terms before you would need to complete the purchase. Each property is treated individually and we try to accommodate your own situation.  HOWEVER, you may buy at any time within the length of the agreement. You do not have to wait till the end of the agreement.

What types of contracts will I sign?  When doing a lease purchase or rent to own, you will sign a 3-5 year lease (depending how long you need to qualify to purchase the home). You will also sign a Rent to own contract stating your deposit amount, monthly rental amount, and monthly credit back amount.

Do you allow pets in your RTO properties?  Many properties do allow pets. However, the pet policy varies from property to property, depending upon the owner’s terms. For small dogs under 50 lbs our pet fee, which is non refundable is $50 per pet per month. You are allowed a maximum of 2 pets.

How long does it take to complete the application process?  We like to keep things fast and simple so we offer a streamlined application process. Once you locate the property you want, return your application and meet with a mortgage broker; a decision can be made with in 48 hours.

I Love the home, When can I move in?  After the application process is completed, the lease agreement/rent to own agreement is signed, and required payments are collected, you are free to move in to your new home.

How can I see the homes I’m interested in?  Each listing includes a street address so you can drive by and see the outside of the home and get a feel for the general neighborhood. However, to get inside you will need to get in touch with us and make an appointment to view the property. To do so please Call us Today at 614-333-6099

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