rent to own
what would be the best bet at finding rent to own condos/houses?
would a realtor be the best bet?
Same difference. No weird or unusual home loans in the island. You'll need at least 10 percent to put down on a mortgage. Upside is foreclosures are extremely rare. Locals build there own home over long periods of time without a loan. And those houses are generally passed down rather then ever seeing the mls.
You might, and I repeat might, be able to find an "owner finance" situation. They are rare and it would probably be something that you would "stumble" across.
It never hurts to talk to a realtor, but this type of situation would almost certainly be invisible until you were actually living on the island.
I think it's probably doable, if you keep looking and talking to lots of people. I know of at least one deal in the works right now for a rent to own. There was a house for sale on here (classified forum) a while back advertised either for sale, or for rent, whichever came first. That sounds like a good candidate for RTO. Go over to the classifieds and search for it...oh...maybe 6 weeks ago??
The rent to own ads you see on craigslist for the VI are not real.