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:: Home » Library » Home Based Business Ideas Part 4

Set up your own corporation. Now look for expensive homes for sale, or go through a local estate agent.Sign a note for the corporation for yearly rental, with option to buy later. You can now move in. If the note is for 90 days, you may not have to pay any rent, or if necessary, start only small monthly payments. Now, if you want to keep the home and buy it, go to the original owner. Offer a price lower than originally asked, and pay with stock from the corporation, if possible. If not, get a cash loan from a bank for the lower price.

A second method is to become a house sitter. Live in a luxury home for the homeowner, who may be away traveling for months - many people who can afford it travel most of the time. If you live in a large city, you can probably get year round rent free simply by house sitting for different home owners and using some names of previous clients as references.

 

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