I sold a house Rent to own .It was worth about 220000.00 .I sold it . Put the mortgage in the buyers name asked for 7000.00 down as I was advised to charge something to make sure they took the contract serious. They paid me 1300.00 per month which I paid insurance and property taxes. NONE of this came off the price. The legal advisor said the money was mine for lending the 200000.00 to the buyer so after 2 years the buyer still owed me 200000.00 .By this time the home was apraissed at 250000.00 and the buyer had no problem getting a mortgage .But I had made 31200.00 in income from the property in the 24 months.