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To clarify, this hosting company doesn't go out and buy houses to then lease out... they would vet the mortgage in the beginning (or a customer would go to the
by ph0rque 17y ago
To clarify, this hosting company doesn't go out and buy houses to then lease out... they would vet the mortgage in the beginning (or a customer would go to the bank to get a pre-qualified mortgage, if those things are still given out by banks) and when the customer moves, the company assumes ownership of the house to lease out to other customers or sell as it sees fit... I guess that risk on the company might be too much to assume.