👉 The rent fluid, also known as the rent-to-own option or rent-to-buy scheme, is a financial arrangement where a landlord agrees to let a tenant pay a portion of their rent upfront in exchange for the right to purchase the property at a predetermined price after a specified period. Typically, this price is set higher than the current market value to account for potential appreciation in the property's value. The tenant pays a monthly installment that includes both rent and a percentage of the agreed-upon purchase price, often with interest. This arrangement benefits the landlord by generating additional income and potentially securing future rental income if the tenant sells the property, while the tenant gains access to a home at a lower upfront cost than traditional financing methods. However, it also carries risks, including the possibility of the tenant defaulting on payments or the property's value not appreciating as expected, which could leave the tenant owing more than they paid.
