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Updated over 9 years ago,
Rent Payment in advance for a year
Hi All,
first time posting on BP forums.
I have a rental property in a good neighborhood with a monthly rent of $2300. One of the applicants is willing to pay one year rent in advance and the funds are coming from the sale of their current home. I still have to run the regular checks on him, but he disclosed that his employment ended in april and thats the reason to pay upfront for a year.
what would you do if his credit and background checks out fine. He is in IT field and would find a job in couple of months.
what would you do in this scenario?