The budget in a rent-to-own is based on the same principles used by the bank: The Stress Test. We take your income, mulitple it by 4.5 times and add your down payment to come up with a budget that should help you enter and exit a rent-to-own.
The budget in a rent-to-own is based on the same principles used by the bank: The Stress Test. We take your income, mulitple it by 4.5 times and add your down payment to come up with a budget that should help you enter and exit a rent-to-own.
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