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Updated about 10 years ago on . Most recent reply
Tenant with LOADS of Medical School Debt (payments deferred)
Hi there,
We are currently screening for a 2/2.5 condo in Newport Beach at $2795 and I'm wondering about the co-signer on the property.
Is it normal for a young Orthodontist to pull 20k/month but have almost 700k in student debt? The 8-10 student loans are Sallie Mae - and most are deferred with $0 monthly payments, so his credit is actually 780. I've never seen this much debt on an application, but I'm not sure if I'm overreacting. He's co-signing for his mom who makes 8/k a month selling time shares (which seems unstable to me - but what do I know?)
Any ideas or insight would be nice to have. Thank you in advance!
Most Popular Reply
![Cal C.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/182840/1621431574-avatar-cal_c.jpg?twic=v1/output=image/crop=738x738@14x142/cover=128x128&v=2)
Doesn't sound too promising. How long has she been selling cr@p, sorry I mean time shares?