4 ms·

bank buys the house and you rent-to-own it. coincidentally the total amount of the rent is higher than what the bank bought it for. not "interest", but yea, pr

by zht 4y ago

bank buys the house and you rent-to-own it. coincidentally the total amount of the rent is higher than what the bank bought it for. not "interest", but yea, pretty much interest

s1artibartfast 4y ago
Basically identical to a mortgage where the bank has a lien on the house if you stop paying