If you think rent in Dallas is skyrocketing, you're not wrong. In the last decade, renters here paid more than $104 billion — that's with a "b" — for their temporary homes. While most would rather be putting that hard-earned cash toward equity in a home, traditional barriers have made it seemingly impossible for many people to buy.

Until Divvy. The innovative company that can help turn your rent into a down payment in as little as three years, and gets you into a home faster.

Think of it as rent-to-own for homebuyers, where the Divvy team helps you search for available homes. Once a home is identified, Divvy will negotiate with sellers and cover all fees, closing costs, taxes, and insurance. The Divvy program can be used to buy any eligible home on the market, and you're only required to put down 1-2 percent.

Most people who use Divvy can qualify for their mortgage in less than three years, although everyone's circumstances are different. During that time, however, you get to enjoy living in your new home instead of throwing away money on rent while trying to save up for a down payment.

Billy O'Dell recently used Divvy to close on his Dallas home, and was amazed at the company's continuous communication and thoroughness throughout the process.

"I was attracted to Divvy because I felt that they were on my side," he says. "They were trying to help me find a perfect home while I rebuilt my credit. I have been both a landlord and a tenant, and thought the terms were very fair to both Divvy and my family."

O'Dell says that from the very beginning, he was able to call, text, or email Divvy with even the smallest question and he'd receive an immediate response. The IT manager praised Divvy's easy-to-use website, and was doubly impressed by the level of detail exhibited during the inspection process.

"Divvy had an eye for detail as if they were the ones moving into the home," he says. "They have emailed me several times even after we moved in, just to make sure everything was still going smoothly. The whole process was a win-win."

Besides Dallas, Divvy currently operates in Atlanta, Cleveland, Memphis, St. Louis, and Tampa, with more cities on the horizon.

To learn more about Divvy and see if it's right for you and your goals, visit the website.