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In this tutorial, the speaker discusses renting to own agreements and common pitfalls to avoid. As a lender, the speaker advises against entering into such agreements, emphasizing that they often lead to complications. While the concept may seem appealing—allowing renters to use part of their payments towards a future down payment—many issues can arise. The speaker warns about potential scams from illegitimate sellers, underscoring the importance of verifying the legitimacy of the arrangement. Even in legitimate cases, there are specific requirements for how the payment counts towards the down payment that must be carefully considered.
