Rent to Own Homes

The Advantages Of A Lease Purchase and Rent To Own Homes


  • Immediate Occupancy
  • Easier To Qualify For Than A Traditional Mortgage
  • Repair Your Credit While Living In The Home
  • You Can “Try Before You Buy"
  • Build Equity From The Beginning
  • A Path To Home Ownership Not Just Paying Rent

A Rent To Own Home or Lease Purchase Home can be a great solution for those that do not qualify for a traditional mortgage. Have you been denied for a home loan for any of the following reasons?

  • Damaged Credit or No Credit
  • Good or Fair Credit but lack of a down payment
  • Self-Employed or Cash/Tip/1099 Income
  • Down Payments Too High
  • Foreclosure
  • Garnishments
  • Judgments

Many good people have had difficulties with their finances sometimes resulting in Bankruptcy, foreclosure or garnishments. The recent recession and mortgage crisis has made lenders very reluctant to lend money.

Get qualified for one of our 3 different programs!

Traditional Rent to Own

These homes are generally moved in ready and sometimes completely renovated. TURN KEY!

Sweat Equity Rent to Own

These homes can sometimes need cosmetic work and can sometimes be bought at a discount, depending on how much work you can do.

Customizable Rent to Own

We will do all the work and you pick the colors and custom options.

We have homes form as low as $50,000 to over $500,000!

A Rent to Own or Lease Purchase arrangement may be the answer to owning the home of your dreams. Know the facts about Rent to Own Homes Before you sign on the dotted line. *Fill out our form at the bottom of the page to get qualified.

A Lease Purchase Option provides you with many features and benefits, but perhaps the most powerful one is the rate at which you accumulate equity. Compare any lender’s loan amortization schedule to most Lease Purchase contracts and you’ll quickly see that the Lease Purchase contract wins hands-down. Moreover, the buying power of a Lease Purchase contract can quickly and easily land you a home that you would never qualify for the conventional way. *Fill out our form at the bottom of the page to get qualified.

What is a Rent To Own Home?


In general a Rent To Own Agreement allows a tenant to become a homeowner if certain conditions are met. Those conditions usually require the tenant/buyer to pay an initial Option Fee and a monthly lease payment for a specified period of time.

Get Qualified for one of our Rent to Own Programs.

The Lease Option


The Lease Option is a term that actually would be better described as the Purchase Option. This can be contained within the Rent To Own/Lease Agreement or exist as a separate contract. This provision normally stipulates the tenant/buyer’s right to purchase the home for a specified amount at the end of the lease period. There is usually a fee attached to this known as the Option Fee.

The Option Fee


Although the Option Fee is normally paid at the beginning of the lease period it should not be confused with a Rental Security Deposit. The Option Fee is a fee paid for the right to purchase the home. It is not refundable. In some cases it may be applied as a credit towards the purchase price of the home. *Fill out our form on the right of the page to get qualified.

Monthly Rental Credit


In many cases Rent To Own Agreements will contain a provision that designates a portion of the monthly rental payment as a credit towards the purchase of the home. This amount varies and can be as high as 20% of the payment.

The advantage to the tenant/buyer is the ability to begin building equity in the home during the lease period, usually at a faster rate than a standard mortgage. It is important to note that if the option to purchase the home is not exercised that the credit is lost. At the end of the lease the tenant becomes a buyer and is required to secure financing to purchase the home. In this example the buyer would pay the purchase price less the accumulated monthly rental credits.

Rent To Own Example

Home Price $200,000

$200,000 - $6,000 = $194,000

36 Month Lease

3% Option Fee = $6000

The option fee is paid at the beginning of the lease. This gives the buyer the option to purchase the home for a given price at a given time (usually at the end of the lease). This fee is non-refundable and usually does constitute a down payment, deposit, or credit.

Monthly Rent = $2000

The amount the tenant/buyer pays on a monthly basis to live in the home during the lease period.

Monthly Rental Credit = $400

This amount is credited towards the down payment on the home at the time of the purchase.This accumulates during the lease period on a monthly basis. At the end of a 36 month lease the accumulated rental credit would be $14,400.

Regular Checkups Keep Your Home Ownership Alive


Rent To Own Homes can be a great opportunity to start building equity in a home through Rental Credits while you are leasing it. The downside to a Rent To Own Home Agreement can come if the tenant cannot qualify to purchase the home at the end of the lease period. Fill out our form at the bottom of the page to get qualified.

Protecting your goal to become a homeowner means making sure that you qualify for a home loan when the time comes. Many sellers that offer Rent To Own homes actually require that their tenant/buyers participate in a Credit Monitoring and Repair program during the lease period.

Don’t be discouraged by this – it is in YOUR best interests as well as the seller’s. While it may require a little time and expense on your part the result is well worth the investment.

Things To Consider


A Rent To Own Home can be a great way to start on a path to home ownership. The down payment can be made gradually via the Monthly Rental Credit during the lease period. Qualifying for a Rent To Own Home is based more on the ability to pay rather than credit scores. Another advantage is the ability to “Try Before You Buy”. *Fill out our form on the right of the page to get qualified.*

Keep in mind that if you do not to purchase the home at the end of the lease period you will lose your Monthly Rental Credits. At this time your credit must allow you to qualify for a mortgage. Considering this fact it may be an advantage to monitor your credit though a reputable and established credit repair resource.

514 Earth City Plaza Earth City MO 63045 Suite 149 (314) 333-5555 This email address is being protected from spambots. You need JavaScript enabled to view it.

Our Goal

Starting Point Real Estate LLC is a Real Estate Re-development Co. specializing in the St Louis & St Charles areas. With over 15 years of experience buying and redeveloping homes in the area, Starting Point RE has become St. Louis' go to Real estate company. Starting Point Real Estate has also helped home owners avoid foreclosure and restore their bank accounts. Contact Starting Point Real Estate today if you need assistance in selling your home fast for cash.

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