I could sell my house for 200k profit or rent it out myself using a management company and make 2k after I pay them and the mortgage. So, no. I wouldn’t.

You can’t possibly be this stupid?

Yes.

PS: My house is worth £5k max.

Sure, if we shared the profits 99% me, 1% you and we shared liabilities, insurance, HOA, etc 50/50.

If I wanted to sell, I would sell.

If I wanted to rent, I would rent. If I was unsure of renting, I would hire a professional property management company. I don’t need 10k up front while holding the bag on the back end and hope you share profits with me and that those would exceed the value of the home. It would take a LONG time for the rental profit after all costs to actually catch up to the value of the home.

When I see ideas like this, I know why 98% of businesses fail.

I live in third world country rural area, but even then that’s very less 🤣

If this is a serious question… Think about the return of investment for the person. How long will it be before they see the value of their house back from renting it? I mean if a house is $400,00 (I’ll use Canadian prices, that’s where I am) minus $10,000 for buying it, they have to recoup $390,000 in a reasonable period of time. Say you pay them $1000 per month, that’s 390 months, before breaking even. That’s before considering sales taxes, lawyer fees, income taxes and them having to pay for a new place to live.

A more reasonable thing would be pay 10% less than market value and a portion of what you’re charging for rent whether it’s rented or not.

Where would I live then?

What the hell hahah, why wouldn’t I rent it out myself, raise that to £150,000 and I might give it a thought