Tampa is becoming a popular city for rent to own home investor groups who are betting there are a lot of hungry tenant buyers who do not qualify for mortgages. This article talks about one family with poor credit and no hope of getting a mortgage, happy to put down a couple thousand, on a fixer upper with up to a 30 year lease option to pay off and purchase with rent credits.(1)

Another California company it targeting higher priced homes for people who have recently had a short-sale or foreclosure. This company is betting once three to six years have passed the tenant buyers will be able to one again qualify for a bank mortgage to purchase the homes.

(1)http://tbo.com/news/business/investors-bet-on-rent-to-own-housing-in-tampa-20140207/

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