Sell to Rent

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Sell to Rent

To sell one's house and to rent it back from the buyer such that one continues to live there. Selling to rent may be useful if one is in arrears on one's mortgage or has some other debt and needs access to cash. It is advantageous to the buyer because it provides some instant cash flow in exchange for one's investment.
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References in periodicals archive ?
Prices have dropped on average 11% according to the Halifax, and the number of people selling to rent or letting their property and renting elsewhere has increased.