youngidealist
Junior Member
What is the name of your state (only U.S. law)?
California.
My LL pays the mortgage on a condo I'm renting with the rent money that I pay him, plus he makes a profit from it. I know it happens a lot but I'm not happy with that kind of deal. I'd rather be the one with the cheaper home loan payments looking to own. Am I right in understanding that the only difference between him and me to the bank is that he has better credit? Are there options out there that I don't yet know about that would make me a home owner?
California.
My LL pays the mortgage on a condo I'm renting with the rent money that I pay him, plus he makes a profit from it. I know it happens a lot but I'm not happy with that kind of deal. I'd rather be the one with the cheaper home loan payments looking to own. Am I right in understanding that the only difference between him and me to the bank is that he has better credit? Are there options out there that I don't yet know about that would make me a home owner?