Lease purchase financing - Rent first to be able to buy later

Then offer that you split the compensation among yourselves. He doesn’t have to pay taxes on his rental income and you get the house immediately. The compensation can’t be much with only one year left.

Well, if the thing has been running for 9 years already, the interest and thus the compensation should already be correspondingly high... but probably not higher than the interest he would still have to pay for the year.

Hello, my husband and I bought our house without any savings equity. We talked to the seller and negotiated a lease purchase with him. We moved into our house as tenants and paid rent for 2 years, which was then credited to us as equity and thus deducted from the purchase price, all of which was of course notarized. This worked out great for us and now we are the owners of our little house. I also wrote about this on my DIY blog.

If you want, I can gladly tell you more details about it. Just get in touch.

Best regards, Anke